TIAA Trust National Association Sells 369 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

TIAA Trust National Association trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 10,158 shares of the company’s stock after selling 369 shares during the quarter. TIAA Trust National Association’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $849,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in USMV. Optiver Holding B.V. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 100.0% in the 4th quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock worth $137,000 after acquiring an additional 7,664,300 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $216,845,000. Quotient Wealth Partners LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $60,025,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock worth $264,984,000 after buying an additional 755,493 shares during the period. Finally, Pineridge Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $34,842,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV traded down $0.66 during mid-day trading on Friday, hitting $85.65. The stock had a trading volume of 1,604,215 shares. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The business has a 50 day moving average price of $83.80 and a two-hundred day moving average price of $81.94. The firm has a market cap of $25.10 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.