iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Ade LLC

Ade LLC trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,154 shares of the company’s stock after selling 2,703 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 2.4% of Ade LLC’s holdings, making the stock its 11th biggest holding. Ade LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,520,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 2nd 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 lifted its stake in 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 worth $828,000 after purchasing an additional 112 shares in the last quarter. KPP Advisory Services LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% during the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after purchasing an additional 118 shares during the last quarter. Almanack Investment Partners LLC. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the second 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 increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the first quarter. Cynosure Group LLC now owns 36,192 shares of the company’s stock valued at $3,390,000 after purchasing an additional 127 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.20 on Thursday. The business’s 50 day moving average price is $94.08 and its 200 day moving average price is $93.54. The company has a market cap of $23.78 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12.

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.