iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by GenTrust LLC

GenTrust LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,774 shares of the company’s stock after selling 450 shares during the quarter. GenTrust LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $315,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Optiver Holding B.V. lifted its position in iShares MSCI USA Min Vol Factor ETF by 100.0% during the fourth quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock worth $137,000 after buying an additional 7,664,300 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $216,845,000. Mercer Global Advisors Inc. ADV increased its position in iShares MSCI USA Min Vol Factor ETF by 16.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock worth $519,140,000 after purchasing an additional 1,000,764 shares during the last quarter. Quotient Wealth Partners LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $60,025,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings 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 purchasing an additional 755,493 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.2 %

Shares of USMV stock traded down $0.15 on Thursday, reaching $83.87. 828,367 shares of the stock were exchanged. The stock has a market cap of $24.57 billion, a P/E ratio of 25.30 and a beta of 0.59. The firm has a 50 day moving average of $82.95 and a two-hundred day moving average of $81.33. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.