iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Ellis Investment Partners LLC

Ellis Investment Partners LLC reduced its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,997 shares of the company’s stock after selling 2,117 shares during the quarter. Ellis Investment Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,938,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in USMV. Raymond James & Associates boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock valued at $1,351,398,000 after acquiring an additional 146,632 shares in the last quarter. Alaska Permanent Fund Corp boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% in the 1st quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock valued at $329,959,000 after purchasing an additional 167,538 shares during the period. Catalyst Capital Advisors LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after buying an additional 182,050 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after buying an additional 31,625 shares during the period. Finally, Cetera Investment Advisers lifted its stake in iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after buying an additional 1,384,833 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.0 %

Shares of USMV opened at $89.32 on Friday. The company’s 50 day simple moving average is $87.22 and its 200-day simple moving average is $84.07. The firm has a market cap of $26.17 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

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.