Santori & Peters Inc. Sells 30,805 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Santori & Peters Inc. reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 47.9% in the third quarter, HoldingsChannel.com reports. The fund owned 33,509 shares of the company’s stock after selling 30,805 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.2% of Santori & Peters Inc.’s portfolio, making the stock its 11th largest position. Santori & Peters Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,060,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hengehold Capital Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $201,000. Indiana Trust & Investment Management CO raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 377.1% during the 1st quarter. Indiana Trust & Investment Management CO now owns 811 shares of the company’s stock valued at $68,000 after buying an additional 641 shares in the last quarter. Independence Bank of Kentucky lifted its position in iShares MSCI USA Min Vol Factor ETF by 28.7% in the 1st quarter. Independence Bank of Kentucky now owns 5,127 shares of the company’s stock worth $429,000 after buying an additional 1,142 shares during the last quarter. First Bank & Trust bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth approximately $491,000. Finally, Foguth Wealth Management LLC. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter worth approximately $658,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4 %

Shares of USMV stock traded down $0.33 during trading hours on Friday, hitting $91.57. 1,357,776 shares of the company’s stock were exchanged. The company has a market capitalization of $26.83 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. The business’s 50 day simple moving average is $91.02 and its 200-day simple moving average is $86.20.

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.