Mariner LLC Has $99.37 Million Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Mariner LLC reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,055,276 shares of the company’s stock after selling 161,667 shares during the quarter. Mariner LLC owned about 0.41% of iShares MSCI USA Min Vol Factor ETF worth $99,365,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in USMV. Morgan Stanley raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% in the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after purchasing an additional 465,870 shares during the last quarter. Bank of America Corp DE raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the third quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock worth $1,312,418,000 after purchasing an additional 98,221 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Raymond James Financial Inc. now owns 13,521,148 shares of the company’s stock worth $1,286,402,000 after purchasing an additional 206,108 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock worth $659,752,000 after purchasing an additional 145,843 shares during the last quarter. Finally, UBS Group AG raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after purchasing an additional 80,056 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.3%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.34 on Tuesday. The company has a market cap of $24.59 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07. The business has a 50 day moving average price of $94.95 and a 200-day moving average price of $94.85.

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.