iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Vestcor Inc

Vestcor Inc reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 32.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 78,138 shares of the company’s stock after selling 36,823 shares during the period. Vestcor Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,434,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in USMV. Brighton Jones LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after buying an additional 1,291 shares during the period. Jane Street Group LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 366.3% during the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after buying an additional 27,868 shares during the period. Bank of Montreal Can increased its holdings in iShares MSCI USA Min Vol Factor ETF by 9.9% in the second quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock valued at $4,207,000 after buying an additional 4,045 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $84,000. Finally, Modera Wealth Management LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 15.3% in the second quarter. Modera Wealth Management LLC now owns 2,723 shares of the company’s stock worth $256,000 after acquiring an additional 361 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.0%

USMV stock opened at $96.64 on Tuesday. The company’s 50-day simple moving average is $95.42 and its 200-day simple moving average is $94.61. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $98.07. The firm has a market cap of $24.66 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.