Private Trust Co. NA Trims Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Private Trust Co. NA lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,054 shares of the company’s stock after selling 252 shares during the quarter. Private Trust Co. NA’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,603,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in USMV. Lockheed Martin Investment Management Co. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $62,801,000. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $16,911,000. Millburn Ridgefield Corp grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares in the last quarter. Finally, World Investment Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 343.1% during the third quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock worth $20,534,000 after purchasing an additional 174,130 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.7 %

Shares of BATS USMV opened at $94.60 on Friday. The business has a 50-day moving average of $91.19 and a 200-day moving average of $91.34. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm has a market capitalization of $24.04 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.

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.