iShares MSCI USA Min Vol Factor ETF $USMV Stock Sold by Ledyard National Bank

Ledyard National Bank cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 95.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,228 shares of the company’s stock after selling 151,471 shares during the period. Ledyard National Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Catalyst Capital Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after purchasing an additional 489,637 shares during the period. Cetera Investment Advisers increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 1st quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock valued at $200,546,000 after purchasing an additional 39,289 shares during the last quarter. Sei Investments Co. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 1st quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock valued at $144,677,000 after purchasing an additional 28,733 shares during the last quarter. Geneos Wealth Management Inc. increased its position 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 purchasing an additional 569,762 shares during the last quarter. Finally, Ritholtz Wealth Management purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $74,238,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $103.51 on Friday. The stock’s fifty day moving average is $100.19 and its 200 day moving average is $97.54. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $103.58. The firm has a market capitalization of $26.42 billion, a PE ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Profile

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.