Mariner LLC Sells 161,667 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Mariner LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,055,276 shares of the company’s stock after selling 161,667 shares during the period. Mariner LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $99,365,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of USMV. Junto Capital Management LP purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $85,107,000. BNP Paribas Financial Markets increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 10,472.3% during the fourth quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after acquiring an additional 793,173 shares during the last quarter. Two Sigma Investments LP increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% during the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after acquiring an additional 565,200 shares during the last quarter. Morgan Stanley increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% during the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock valued at $1,434,701,000 after acquiring an additional 465,870 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% during the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after acquiring an additional 452,184 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.3%

Shares of USMV opened at $96.34 on Tuesday. The company has a market capitalization of $24.59 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The stock has a 50 day moving average of $94.95 and a 200 day moving average of $94.85. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07.

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.