iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Carrera Capital Advisors

Carrera Capital Advisors reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,072 shares of the company’s stock after selling 10,970 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 3.3% of Carrera Capital Advisors’ holdings, making the stock its 6th biggest position. Carrera Capital Advisors owned about 0.07% of iShares MSCI USA Min Vol Factor ETF worth $16,152,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in USMV. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth approximately $130,668,000. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% in the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after purchasing an additional 568,565 shares in the last quarter. Truist Financial Corp raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 147.7% in the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock worth $68,678,000 after purchasing an additional 436,281 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 400.2% in the 1st quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock worth $50,436,000 after purchasing an additional 430,843 shares in the last quarter. Finally, Ascent Group LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1,116.1% in the 2nd quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock worth $28,923,000 after purchasing an additional 282,778 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $94.51 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The company’s 50 day simple moving average is $94.27 and its 200 day simple moving average is $93.10. The company has a market capitalization of $24.12 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.