iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 272,117 shares of the company’s stock after selling 4,856 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 3.0% of Capital Advisors Ltd. LLC’s portfolio, making the stock its 6th biggest holding. Capital Advisors Ltd. LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $21,233,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of USMV. FMR LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 51.5% in the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock valued at $1,928,493,000 after acquiring an additional 9,059,409 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $259,275,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $246,963,000. International Assets Investment Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $216,845,000. Finally, PNC Financial Services Group Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 54.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock worth $383,689,000 after buying an additional 1,867,739 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.2 %

USMV stock traded up $0.18 during midday trading on Wednesday, hitting $81.35. The company’s stock had a trading volume of 1,926,904 shares. The firm has a 50-day simple moving average of $81.76 and a 200-day simple moving average of $78.31. The firm has a market capitalization of $23.79 billion, a P/E ratio of 25.31 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.

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.