Trilogy Capital Inc. Trims Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Trilogy Capital Inc. lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 220,482 shares of the company’s stock after selling 14,591 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 1.1% of Trilogy Capital Inc.’s holdings, making the stock its 28th largest position. Trilogy Capital Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $18,428,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of USMV. Optiver Holding B.V. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 100.0% during the fourth quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock valued at $137,000 after buying an additional 7,664,300 shares during the period. International Assets Investment Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $216,845,000. Mercer Global Advisors Inc. ADV increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after buying an additional 1,000,764 shares during the period. Quotient Wealth Partners LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $60,025,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after buying an additional 755,493 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.1 %

USMV traded down $0.09 during midday trading on Friday, reaching $83.96. The company’s stock had a trading volume of 1,716,180 shares. The firm has a market capitalization of $24.60 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock’s 50-day moving average is $82.73 and its 200-day moving average is $81.18.

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.