Kestra Private Wealth Services LLC Sells 4,761 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kestra Private Wealth Services LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 22.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 16,057 shares of the company’s stock after selling 4,761 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,253,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after acquiring an additional 9,059,409 shares in the last quarter. Raymond James & Associates boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock valued at $1,254,785,000 after purchasing an additional 122,005 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in iShares MSCI USA Min Vol Factor ETF by 16.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after buying an additional 1,000,764 shares during the period. PNC Financial Services Group Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 54.4% in the third quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock worth $383,689,000 after buying an additional 1,867,739 shares in the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth $259,275,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

Shares of BATS USMV opened at $81.11 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The stock’s fifty day simple moving average is $81.78 and its two-hundred day simple moving average is $78.68. The stock has a market capitalization of $23.77 billion, a PE ratio of 25.30 and a beta of 0.59.

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.