Keybank National Association OH Trims Position in iShares MSCI USA Min Vol Factor ETF $USMV

Keybank National Association OH decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 301,021 shares of the company’s stock after selling 21,039 shares during the quarter. Keybank National Association OH owned approximately 0.12% of iShares MSCI USA Min Vol Factor ETF worth $27,917,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in USMV. Junto Capital Management LP bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $85,107,000. Ritholtz Wealth Management bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $74,238,000. BNP Paribas Financial Markets raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10,472.3% during the fourth quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after acquiring an additional 793,173 shares in the last quarter. Two Sigma Investments LP boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% in the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after purchasing an additional 565,200 shares during the period. Finally, Catalyst Capital Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after purchasing an additional 489,637 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $97.89 on Friday. The business’s 50 day moving average is $95.44 and its 200 day moving average is $94.96. The stock has a market cap of $24.98 billion, a P/E 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.

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.