Principal Securities Inc. Sells 20,190 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Principal Securities Inc. decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,820 shares of the company’s stock after selling 20,190 shares during the period. Principal Securities Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,749,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Headlands Technologies LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $30,000. Gleason Group Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $32,000. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $33,000. Strategic Financial Concepts LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $35,000. Finally, Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $89.99 on Friday. The stock has a market capitalization of $26.37 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a 50-day simple moving average of $91.15 and a two-hundred day simple moving average of $86.52.

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.