MML Investors Services LLC Has $59.05 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

MML Investors Services LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 646,650 shares of the company’s stock after selling 20,502 shares during the quarter. MML Investors Services LLC owned about 0.22% of iShares MSCI USA Min Vol Factor ETF worth $59,046,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in USMV. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $30,000. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth about $33,000. Strategic Financial Concepts LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $35,000. Fortitude Family Office LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $38,000. Finally, Bfsg LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% during 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 period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4 %

Shares of BATS USMV opened at $93.53 on Friday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company has a market cap of $27.40 billion, a PE ratio of 25.30 and a beta of 0.59. The business’s 50 day moving average price is $92.22 and its two-hundred day moving average price is $88.59.

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.