iShares MSCI USA Min Vol Factor ETF $USMV Stock Position Reduced by Detalus Advisors LLC

Detalus Advisors LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 25.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 15,726 shares of the company’s stock after selling 5,245 shares during the period. Detalus Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,532,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Ritholtz Wealth Management purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $74,238,000. Geneos Wealth Management Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 99.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock valued at $106,053,000 after buying an additional 569,762 shares in the last quarter. Catalyst Capital Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after buying an additional 489,637 shares in the last quarter. MV Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $19,900,000. Finally, Piedmont Capital Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $19,753,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $101.58 on Friday. The company has a market capitalization of $25.92 billion, a P/E ratio of 22.90 and a beta of 0.72. The company has a fifty day moving average of $100.06 and a 200 day moving average of $97.21. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $102.21.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.