Etfidea LLC Cuts Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Etfidea LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,668 shares of the company’s stock after selling 219 shares during the quarter. Etfidea LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $883,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Raymond James & Associates grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 2nd quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after purchasing an additional 146,632 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after purchasing an additional 91,948 shares during the period. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after purchasing an additional 182,050 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after purchasing an additional 31,625 shares during the period. Finally, Cetera Investment Advisers grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% during the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after purchasing an additional 1,384,833 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.1 %

BATS:USMV opened at $91.37 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a market cap of $26.77 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s fifty day simple moving average is $91.50 and its 200-day simple moving average is $87.56.

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.