iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Derbend Asset Management

Derbend Asset Management trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 33.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,398 shares of the company’s stock after selling 1,671 shares during the period. Derbend Asset Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $265,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bank of Montreal Can boosted its stake in iShares MSCI USA Min Vol Factor ETF by 7.8% during the first quarter. Bank of Montreal Can now owns 8,253 shares of the company’s stock valued at $646,000 after buying an additional 594 shares in the last quarter. Blair William & Co. IL boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.7% during the first quarter. Blair William & Co. IL now owns 95,612 shares of the company’s stock valued at $7,417,000 after buying an additional 1,612 shares in the last quarter. AJ Wealth Strategies LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 4.4% during the first quarter. AJ Wealth Strategies LLC now owns 1,348,690 shares of the company’s stock valued at $104,618,000 after buying an additional 57,434 shares in the last quarter. Founders Financial Securities LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 27.0% during the first quarter. Founders Financial Securities LLC now owns 88,779 shares of the company’s stock valued at $6,887,000 after buying an additional 18,853 shares in the last quarter. Finally, West Michigan Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 6.1% during the first quarter. West Michigan Advisors LLC now owns 12,575 shares of the company’s stock valued at $975,000 after buying an additional 719 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV traded down $0.17 during midday trading on Wednesday, reaching $82.68. The company had a trading volume of 2,080,464 shares. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market cap of $31.72 billion, a price-to-earnings ratio of 20.17 and a beta of 0.75. The company has a fifty day simple moving average of $81.51 and a two-hundred day simple moving average of $77.51.

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.