Mascoma Wealth Management LLC Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mascoma Wealth Management LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,814 shares of the company’s stock after selling 3,571 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 1.0% of Mascoma Wealth Management LLC’s holdings, making the stock its 19th largest holding. Mascoma Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,183,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in USMV. Raymond James & Associates increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock valued at $1,351,398,000 after purchasing an additional 146,632 shares during the last quarter. Catalyst Capital Advisors LLC raised its stake in 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 acquiring an additional 182,050 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 1.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after acquiring an additional 31,625 shares during the last quarter. Cetera Investment Advisers boosted its stake in iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after acquiring an additional 1,384,833 shares in the last quarter. Finally, Financial Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after purchasing an additional 16,576 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.36 on Tuesday. The company has a market capitalization of $27.35 billion, a P/E ratio of 25.30 and a beta of 0.59. 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 50-day simple moving average of $91.30 and a 200-day simple moving average of $87.16.

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.