iShares MSCI USA Min Vol Factor ETF $USMV Stock: Diversify Advisory Services LLC Reduces Stake

Diversify Advisory Services LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 16.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 96,833 shares of the company’s stock after selling 18,633 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,836,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in USMV. Kwmg LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.5% in the 3rd quarter. Kwmg LLC now owns 153,852 shares of the company’s stock valued at $14,991,000 after buying an additional 9,418 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 19.1% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 35,218 shares of the company’s stock worth $3,398,000 after purchasing an additional 5,647 shares during the period. Arlington Capital Management Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $14,804,000. Rockefeller Capital Management L.P. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 11.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 202,560 shares of the company’s stock valued at $19,073,000 after purchasing an additional 21,184 shares during the last quarter. Finally, Invariant Investment Management bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $5,077,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.0%

USMV opened at $102.32 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $102.36. The company has a fifty day moving average of $100.11 and a 200-day moving average of $97.40. The stock has a market cap of $26.11 billion, a PE 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.