Trustmark Bank Trust Department Reduces Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Trustmark Bank Trust Department lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.5% in the 2nd quarter, Holdings Channel reports. The firm owned 18,994 shares of the company’s stock after selling 1,113 shares during the quarter. Trustmark Bank Trust Department’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,783,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after purchasing an additional 1,291 shares in the last quarter. Moors & Cabot Inc. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 13.6% during the 1st quarter. Moors & Cabot Inc. now owns 11,819 shares of the company’s stock valued at $1,107,000 after purchasing an additional 1,414 shares in the last quarter. Baker Avenue Asset Management LP increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 8.2% in the first quarter. Baker Avenue Asset Management LP now owns 2,522 shares of the company’s stock worth $236,000 after purchasing an additional 192 shares during the period. Mullooly Asset Management Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $6,097,000. Finally, Strategic Family Wealth Counselors L.L.C. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 2.6% during the first quarter. Strategic Family Wealth Counselors L.L.C. now owns 24,633 shares of the company’s stock valued at $2,307,000 after buying an additional 634 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.5%

iShares MSCI USA Min Vol Factor ETF stock opened at $95.28 on Friday. The stock has a market cap of $24.31 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business has a 50-day simple moving average of $94.13 and a 200 day simple moving average of $93.63. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12.

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.