iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Decreased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,433,292 shares of the company’s stock after selling 266,212 shares during the period. PNC Financial Services Group Inc. owned approximately 0.90% of iShares MSCI USA Min Vol Factor ETF worth $255,197,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in USMV. Bank of America Corp DE boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% in the first quarter. Bank of America Corp DE now owns 41,054,967 shares of the company’s stock worth $2,986,338,000 after buying an additional 869,759 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.8% in the second quarter. Envestnet Asset Management Inc. now owns 27,194,855 shares of the company’s stock worth $2,021,394,000 after buying an additional 1,731,554 shares during the period. Morgan Stanley boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.6% in the fourth quarter. Morgan Stanley now owns 15,673,112 shares of the company’s stock worth $1,130,031,000 after buying an additional 1,111,338 shares during the period. Moneta Group Investment Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 140,054.1% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock worth $790,321,000 after buying an additional 10,953,635 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 8.5% in the first quarter. LPL Financial LLC now owns 8,346,981 shares of the company’s stock worth $607,159,000 after buying an additional 651,701 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.3 %

Shares of USMV traded up $0.26 during midday trading on Tuesday, hitting $75.01. The stock had a trading volume of 5,049,741 shares. The firm has a market cap of $28.77 billion, a P/E ratio of 20.17 and a beta of 0.75. The business has a 50-day simple moving average of $73.24 and a two-hundred day simple moving average of $73.64. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.