Capstone Investment Advisors LLC Cuts Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Capstone Investment Advisors LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 45.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 300,000 shares of the company’s stock after selling 247,018 shares during the period. Capstone Investment Advisors LLC owned 0.10% of iShares MSCI USA Min Vol Factor ETF worth $27,393,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. SpiderRock Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $629,000. Headlands Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $30,000. EdgeRock Capital LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after buying an additional 3,371 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 36.5% in the 2nd quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock worth $399,000 after acquiring an additional 1,270 shares during the last quarter. Finally, Banco Santander S.A. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.2% during the 2nd quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock worth $8,329,000 after acquiring an additional 1,200 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.1 %

Shares of USMV stock opened at $94.44 on Friday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company’s 50-day moving average price is $91.88 and its 200-day moving average price is $88.12. The stock has a market cap of $27.67 billion, a price-to-earnings 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.