Mayflower Financial Advisors LLC Sells 979 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Mayflower Financial Advisors LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 77,102 shares of the company’s stock after selling 979 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 1.0% of Mayflower Financial Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Mayflower Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,238,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $130,668,000. JPMorgan Chase & Co. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 17.3% in the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after acquiring an additional 568,565 shares during the period. Truist Financial Corp raised its holdings in iShares MSCI USA Min Vol Factor ETF by 147.7% in the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock worth $68,678,000 after acquiring an additional 436,281 shares during the period. Russell Investments Group Ltd. lifted its position in iShares MSCI USA Min Vol Factor ETF by 400.2% during the 1st quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock worth $50,436,000 after acquiring an additional 430,843 shares during the last quarter. Finally, Ascent Group LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1,116.1% during the second quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock valued at $28,923,000 after acquiring an additional 282,778 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $94.29 on Wednesday. The stock’s 50-day moving average is $94.31 and its 200-day moving average is $93.26. The company has a market cap of $24.06 billion, a P/E 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.