IFP Advisors Inc Sells 77,992 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

IFP Advisors Inc trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 55.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,515 shares of the company’s stock after selling 77,992 shares during the period. IFP Advisors Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,728,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ritholtz Wealth Management acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $74,238,000. BNP Paribas Financial Markets grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after buying an additional 793,173 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 99.3% in 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 during the period. Two Sigma Investments LP increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% in the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after buying an additional 565,200 shares in the last quarter. Finally, Catalyst Capital Advisors LLC increased its position 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 valued at $393,458,000 after buying an additional 489,637 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.5%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $99.45 on Thursday. The stock’s fifty day simple moving average is $99.28 and its 200 day simple moving average is $96.47. The company has a market capitalization of $25.38 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $102.21.

iShares MSCI USA Min Vol Factor ETF Company 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.