Apella Capital LLC Reduces Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Apella Capital LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.9% during the third quarter, HoldingsChannel reports. The fund owned 97,265 shares of the company’s stock after selling 6,077 shares during the quarter. Apella Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,677,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in USMV. Ritholtz Wealth Management bought a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at about $74,238,000. Geneos Wealth Management Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 99.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after purchasing an additional 569,762 shares in the last quarter. Catalyst Capital Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 13.0% in the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after purchasing an additional 489,637 shares in the last quarter. MV Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $19,900,000. Finally, Piedmont Capital Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $19,753,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.2%

Shares of BATS:USMV traded up $0.24 during trading on Thursday, reaching $99.73. The stock had a trading volume of 733,658 shares, compared to its average volume of 2,293,301. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $102.21. The company has a market capitalization of $25.45 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm’s 50-day simple moving average is $99.84 and its 200 day simple moving average is $96.85.

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.