iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stake Lessened by Vestcor Inc

Vestcor Inc lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 89.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,290 shares of the company’s stock after selling 100,387 shares during the quarter. Vestcor Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,122,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Carrera Capital Advisors acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $33,148,000. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after buying an additional 346,414 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $18,422,000. Bank of Montreal Can lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% during the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after acquiring an additional 213,145 shares during the last quarter. Finally, Magnolia Capital Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 867.8% during the 2nd quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock worth $18,463,000 after acquiring an additional 197,175 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.3 %

Shares of BATS USMV opened at $91.97 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company has a market cap of $26.95 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business has a fifty day simple moving average of $92.32 and a 200-day simple moving average of $88.80.

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.