ETF Store Inc. Sells 2,791 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

ETF Store Inc. lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 34,724 shares of the company’s stock after selling 2,791 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 3.3% of ETF Store Inc.’s portfolio, making the stock its 6th largest position. ETF Store Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,171,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SpiderRock Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $629,000. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $30,000. EdgeRock Capital LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares during the period. QRG Capital Management Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 36.5% in the 2nd quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock valued at $399,000 after acquiring an additional 1,270 shares in the last quarter. Finally, Banco Santander S.A. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.2% in the 2nd quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock valued at $8,329,000 after acquiring an additional 1,200 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.1 %

BATS:USMV opened at $91.15 on Monday. The company has a fifty day moving average of $91.47 and a 200-day moving average of $87.44. The firm has a market capitalization of $26.71 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.