Old North State Trust LLC Cuts Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Old North State Trust LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,028 shares of the company’s stock after selling 1,762 shares during the period. Old North State Trust LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,007,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in USMV. Brighton Jones LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% in the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after purchasing an additional 111 shares during the last quarter. Anchor Investment Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after acquiring an additional 112 shares in the last quarter. Asset Dedication LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after acquiring an additional 121 shares during the last quarter. Sensible Money LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after purchasing an additional 121 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 4.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after purchasing an additional 123 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.3 %

iShares MSCI USA Min Vol Factor ETF stock opened at $91.97 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a market cap of $26.95 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm’s fifty day moving average is $92.32 and its 200 day moving average is $88.80.

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.