Keybank National Association OH Lowers Position in iShares MSCI USA Min Vol Factor ETF $USMV

Keybank National Association OH trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.5% during the 1st quarter, Holdings Channel reports. The fund owned 301,021 shares of the company’s stock after selling 21,039 shares during the period. Keybank National Association OH’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $27,917,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in USMV. Junto Capital Management LP bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $85,107,000. Ritholtz Wealth Management bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $74,238,000. BNP Paribas Financial Markets boosted its stake 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 purchasing an additional 793,173 shares in the last quarter. Two Sigma Investments LP boosted its stake 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 purchasing an additional 565,200 shares in the last quarter. Finally, Catalyst Capital Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 13.0% during the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after buying an additional 489,637 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $97.89 on Friday. The firm has a 50 day moving average of $95.44 and a 200 day moving average of $94.96. The company has a market capitalization of $24.98 billion, a price-to-earnings 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 $98.07.

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.