Running Point Capital Advisors LLC Sells 5,406 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Running Point Capital Advisors LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 99,584 shares of the company’s stock after selling 5,406 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 3.5% of Running Point Capital Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Running Point Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,093,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of USMV. Raymond James & Associates lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 2nd quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock valued at $1,351,398,000 after acquiring an additional 146,632 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after purchasing an additional 91,948 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares in the last quarter. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock valued at $307,185,000 after buying an additional 182,050 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after buying an additional 31,625 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $91.97 on Thursday. The firm has a market cap of $26.95 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The business’s 50 day simple moving average is $91.52 and its two-hundred day simple moving average is $87.64.

iShares MSCI USA Min Vol Factor ETF 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.