Barclays PLC Sells 275,128 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Barclays PLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 42.4% in the third quarter, Holdings Channel.com reports. The firm owned 373,146 shares of the company’s stock after selling 275,128 shares during the quarter. Barclays PLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $34,072,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of USMV. Headlands Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $30,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $33,000. Strategic Financial Concepts LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $35,000. Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $38,000. Finally, Bfsg LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.3 %

BATS USMV opened at $91.67 on Friday. The firm has a market cap of $26.86 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50-day simple moving average of $92.32 and a two-hundred day simple moving average of $88.80. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

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.