Pallas Capital Advisors LLC Lowers Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Pallas Capital Advisors LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,110 shares of the company’s stock after selling 1,447 shares during the quarter. Pallas Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,108,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brown Advisory Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 8.9% in the first quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after purchasing an additional 1,387 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 102.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after acquiring an additional 3,352,591 shares during the last quarter. Townsquare Capital LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 7.3% in the first quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock worth $5,047,000 after acquiring an additional 3,666 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 8.0% in the first quarter. DAVENPORT & Co LLC now owns 4,395 shares of the company’s stock worth $412,000 after acquiring an additional 324 shares during the last quarter. Finally, Ancora Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% in the first quarter. Ancora Advisors LLC now owns 96,864 shares of the company’s stock worth $9,072,000 after acquiring an additional 2,404 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.5%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.52 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12. The company has a 50 day moving average of $93.55 and a 200 day moving average of $92.67. The company has a market capitalization of $23.87 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.