iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 51.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 6,701 shares of the company’s stock after selling 7,131 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $629,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% in the second quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock valued at $1,420,000 after acquiring an additional 110 shares in the last quarter. Sensible Money LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock valued at $828,000 after purchasing an additional 112 shares during the last quarter. KPP Advisory Services LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% in the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock valued at $391,000 after purchasing an additional 118 shares in the last quarter. Almanack Investment Partners LLC. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the 2nd quarter. Almanack Investment Partners LLC. now owns 20,319 shares of the company’s stock valued at $1,907,000 after purchasing an additional 124 shares in the last quarter. Finally, Cynosure Group LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 1st quarter. Cynosure Group LLC now owns 36,192 shares of the company’s stock worth $3,390,000 after purchasing an additional 127 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.3%

Shares of USMV stock opened at $94.23 on Wednesday. The company has a market cap of $24.05 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm has a fifty day moving average price of $94.10 and a 200 day moving average price of $93.47. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12.

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.