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

BCM Advisors LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 47,646 shares of the company’s stock after selling 1,820 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.0% of BCM Advisors LLC’s holdings, making the stock its 18th biggest holding. BCM Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,835,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of USMV. FMR LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock valued at $1,928,493,000 after buying an additional 9,059,409 shares during the period. Raymond James & Associates lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock valued at $1,254,785,000 after acquiring an additional 122,005 shares in the last quarter. Morgan Stanley lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.6% during the 4th quarter. Morgan Stanley now owns 15,673,112 shares of the company’s stock valued at $1,130,031,000 after acquiring an additional 1,111,338 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 140,054.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock valued at $790,321,000 after acquiring an additional 10,953,635 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after acquiring an additional 1,000,764 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV traded up $0.49 during midday trading on Friday, hitting $80.49. 2,948,059 shares of the company’s stock traded hands. The company has a market cap of $23.54 billion, a PE ratio of 25.31 and a beta of 0.59. The firm’s fifty day moving average price is $81.71 and its two-hundred day moving average price is $78.04. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month 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.