Private Trust Co. NA Sells 2,052 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Private Trust Co. NA reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.1% in the 3rd quarter, Holdings Channel reports. The fund owned 18,306 shares of the company’s stock after selling 2,052 shares during the quarter. Private Trust Co. NA’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,672,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Diversified LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.7% during the third quarter. Diversified LLC now owns 30,240 shares of the company’s stock worth $2,761,000 after acquiring an additional 496 shares during the period. Cahill Financial Advisors Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10.6% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 3,754 shares of the company’s stock valued at $343,000 after purchasing an additional 359 shares during the period. Larson Financial Group LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 147.2% in the third quarter. Larson Financial Group LLC now owns 3,270 shares of the company’s stock valued at $299,000 after purchasing an additional 1,947 shares in the last quarter. Jim Saulnier & Associates LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $221,000. Finally, Kingsview Wealth Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 117.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 60,996 shares of the company’s stock valued at $5,570,000 after buying an additional 32,987 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.4 %

Shares of USMV stock opened at $93.88 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company’s fifty day simple moving average is $91.68 and its 200-day simple moving average is $87.95. The firm has a market cap of $27.51 billion, a PE ratio of 25.30 and a beta of 0.59.

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.