Fiduciary Trust Co Sells 3,814 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Fiduciary Trust Co decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 49,159 shares of the company’s stock after selling 3,814 shares during the quarter. Fiduciary Trust Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,489,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Carrera Capital Advisors bought a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $33,148,000. LPL Financial LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after acquiring an additional 346,414 shares during the period. Symmetry Partners LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 75.6% in the second quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock valued at $64,585,000 after acquiring an additional 331,096 shares during the period. Granite Bay Wealth Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 5,487.5% during the second quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock worth $27,303,000 after buying an additional 325,904 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $18,422,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.1 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.44 on Friday. The stock has a market capitalization of $27.67 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm’s 50-day moving average price is $91.88 and its two-hundred day moving average price is $88.12.

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.