iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by MV Capital Management Inc.

MV Capital Management Inc. lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 272,582 shares of the company’s stock after selling 10,520 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 2.6% of MV Capital Management Inc.’s holdings, making the stock its 8th largest holding. MV Capital Management Inc. owned 0.09% of iShares MSCI USA Min Vol Factor ETF worth $22,782,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Raymond James & Associates raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock valued at $1,254,785,000 after buying an additional 122,005 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after buying an additional 1,000,764 shares in the last quarter. Alaska Permanent Fund Corp raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% in the 1st quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock valued at $329,959,000 after buying an additional 167,538 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after buying an additional 755,493 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $216,845,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock traded up $0.23 during mid-day trading on Tuesday, reaching $83.99. The company’s stock had a trading volume of 2,028,698 shares. The company has a market cap of $24.61 billion, a P/E ratio of 25.30 and a beta of 0.59. The firm’s 50-day moving average is $82.79 and its two-hundred day moving average is $81.24. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.