Fragasso Financial Advisors Inc trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 18.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,962 shares of the company’s stock after selling 9,056 shares during the period. Fragasso Financial Advisors Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,118,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Merkkuri Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $42,000. Beacon Financial Strategies CORP bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $42,000. Hyposwiss Advisors SA bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $57,000. CrossGen Wealth LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $70,000. Finally, Union Savings Bank bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $70,000.
iShares MSCI USA Min Vol Factor ETF Stock Down 0.1%
Shares of BATS USMV traded down $0.12 during midday trading on Tuesday, hitting $100.61. The stock had a trading volume of 351,356 shares, compared to its average volume of 2,280,248. The company has a market cap of $25.67 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 $91.02 and a 52 week high of $102.21. The business’s 50 day moving average is $99.99 and its 200-day moving average is $97.02.
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.
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