iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Petix & Botte Co

Petix & Botte Co trimmed its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,339 shares of the company’s stock after selling 625 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 1.1% of Petix & Botte Co’s holdings, making the stock its 28th biggest position. Petix & Botte Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,350,000 at the end of the most recent reporting period.

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

iShares MSCI USA Min Vol Factor ETF Trading Up 6.6%

Shares of USMV opened at $94.51 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The stock has a market cap of $24.12 billion, a P/E ratio of 22.90 and a beta of 0.72. The company has a 50-day moving average of $94.11 and a two-hundred day moving average of $93.48.

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.