Vestcor Inc Decreases Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Vestcor Inc cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 32.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,138 shares of the company’s stock after selling 36,823 shares during the period. Vestcor Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,434,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of USMV. Raymond James Financial Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the second quarter. Raymond James Financial Inc. now owns 13,315,040 shares of the company’s stock worth $1,249,883,000 after buying an additional 191,453 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock worth $650,670,000 after acquiring an additional 156,234 shares during the last quarter. Millburn Ridgefield LLC DE lifted its position in iShares MSCI USA Min Vol Factor ETF by 5.4% during the 3rd quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock worth $357,057,000 after acquiring an additional 190,646 shares during the period. Ameriprise Financial Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 18.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock worth $271,634,000 after acquiring an additional 452,184 shares during the period. Finally, Cetera Investment Advisers grew its stake in iShares MSCI USA Min Vol Factor ETF by 26.3% during the 2nd quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock valued at $201,096,000 after purchasing an additional 445,896 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.0%

Shares of BATS:USMV opened at $96.64 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $98.07. The stock has a market cap of $24.66 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business has a 50-day moving average price of $95.42 and a 200-day moving average price of $94.61.

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.