Milestones Private Investment Advisors LLC Cuts Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Milestones Private Investment Advisors LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 47.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,610 shares of the company’s stock after selling 7,772 shares during the quarter. Milestones Private Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $798,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Junto Capital Management LP purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $85,107,000. Ritholtz Wealth Management bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $74,238,000. BNP Paribas Financial Markets lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the fourth quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock worth $75,398,000 after buying an additional 793,173 shares in the last quarter. Two Sigma Investments LP lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% in the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock worth $260,056,000 after buying an additional 565,200 shares in the last quarter. Finally, Catalyst Capital Advisors LLC boosted its position in shares of 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 worth $393,458,000 after acquiring an additional 489,637 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $97.82 on Tuesday. The firm has a market cap of $24.96 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The firm has a fifty day moving average price of $95.90 and a 200 day moving average price of $95.12. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.73.

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.