TD Capital Management LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 5.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 146,794 shares of the company’s stock after selling 8,955 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.3% of TD Capital Management LLC’s holdings, making the stock its 19th biggest holding. TD Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $13,966,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after purchasing an additional 1,291 shares during the period. Jane Street Group LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 366.3% during the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after purchasing an additional 27,868 shares in the last quarter. Kingsview Wealth Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.4% during the 2nd quarter. Kingsview Wealth Management LLC now owns 26,766 shares of the company’s stock worth $2,513,000 after buying an additional 359 shares during the period. Rockefeller Capital Management L.P. increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 185,090 shares of the company’s stock worth $17,375,000 after buying an additional 1,404 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 9.6% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 8,626 shares of the company’s stock worth $810,000 after buying an additional 758 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
BATS:USMV opened at $95.09 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $98.07. The stock has a market cap of $24.27 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm has a 50-day moving average of $95.55 and a two-hundred day moving average of $94.66.
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.
Further Reading
Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report).
Receive News & Ratings for iShares MSCI USA Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
