Pinnacle Family Advisors LLC Has $511,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Pinnacle Family Advisors LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 48.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 5,597 shares of the company’s stock after selling 5,304 shares during the period. Pinnacle Family Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $511,000 as of its most recent filing with the SEC.

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

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4 %

USMV opened at $93.80 on Wednesday. The stock has a market capitalization of $27.48 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm’s fifty day simple moving average is $92.04 and its 200 day simple moving average is $88.41.

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.