Gateway Advisory LLC Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Gateway Advisory LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,365 shares of the company’s stock after selling 196 shares during the quarter. Gateway Advisory LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $399,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Eagle Bay Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at approximately $28,000. Stonebridge Capital Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 180.4% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock valued at $29,000 after acquiring an additional 258 shares during the period. Impact Partnership Wealth LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $30,000. Element Wealth LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 77.6% during the 2nd quarter. Element Wealth LLC now owns 428 shares of the company’s stock worth $32,000 after purchasing an additional 187 shares during the period. Finally, BNP Paribas Arbitrage SNC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $31,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.0 %

iShares MSCI USA Min Vol Factor ETF stock traded up $0.03 during midday trading on Friday, reaching $74.75. The stock had a trading volume of 7,727,223 shares. The firm has a market cap of $28.67 billion, a price-to-earnings ratio of 20.17 and a beta of 0.75. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a fifty day moving average of $73.24 and a 200 day moving average of $73.62.

About iShares MSCI USA Min Vol Factor ETF

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.