Columbus Macro LLC Decreases Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Columbus Macro LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 91.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 6,496 shares of the company’s stock after selling 68,749 shares during the quarter. Columbus Macro LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the company. Key Financial Inc lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.6% in the first quarter. Key Financial Inc now owns 1,794 shares of the company’s stock valued at $168,000 after acquiring an additional 111 shares during the period. Asset Dedication LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.3% in the first quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock valued at $795,000 after acquiring an additional 112 shares during the period. Sensible Money LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.3% in the first quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock valued at $828,000 after acquiring an additional 112 shares during the period. KPP Advisory Services LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.9% in the second quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock valued at $391,000 after acquiring an additional 118 shares during the period. Finally, Compass Wealth Management LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 82.0% in the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after acquiring an additional 123 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.0%

Shares of USMV opened at $94.86 on Friday. The business has a 50-day simple moving average of $93.97 and a two-hundred day simple moving average of $92.87. The stock has a market cap of $24.21 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12.

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.