Legacy Private Trust Co. Sells 142 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Legacy Private Trust Co. cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,766 shares of the company’s stock after selling 142 shares during the period. Legacy Private Trust Co.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,108,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Parallel Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 11.6% in the 2nd quarter. Parallel Advisors LLC now owns 95,801 shares of the company’s stock valued at $8,993,000 after buying an additional 9,993 shares in the last quarter. Lowe Wealth Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the second quarter. Lowe Wealth Advisors LLC now owns 220,433 shares of the company’s stock valued at $20,692,000 after acquiring an additional 1,454 shares during the period. First Citizens Financial Corp boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the 2nd quarter. First Citizens Financial Corp now owns 8,938 shares of the company’s stock valued at $839,000 after purchasing an additional 213 shares in the last quarter. Roxbury Financial LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.0% in the 2nd quarter. Roxbury Financial LLC now owns 4,725 shares of the company’s stock worth $443,000 after purchasing an additional 308 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,118 shares of the company’s stock worth $293,000 after purchasing an additional 209 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.3%

Shares of USMV stock opened at $94.23 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The company has a market capitalization of $24.05 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm has a 50-day moving average price of $93.55 and a 200 day moving average price of $92.66.

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.