iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stake Cut by Harbour Investments Inc.

Harbour Investments Inc. cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,415 shares of the company’s stock after selling 573 shares during the quarter. Harbour Investments Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,990,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in USMV. Oppenheimer & Co. Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 21.7% in the third quarter. Oppenheimer & Co. Inc. now owns 7,447 shares of the company’s stock worth $680,000 after buying an additional 1,326 shares during the period. New England Asset Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth $2,662,000. PNC Financial Services Group Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after buying an additional 91,948 shares during the period. Strategy Asset Managers LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 8.9% in the third quarter. Strategy Asset Managers LLC now owns 18,758 shares of the company’s stock worth $1,713,000 after buying an additional 1,534 shares during the period. Finally, First Horizon Advisors Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 63.2% in the third quarter. First Horizon Advisors Inc. now owns 2,685 shares of the company’s stock worth $245,000 after buying an additional 1,040 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.26 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $79.69 and a 1-year high of $95.12. The business’s fifty day moving average price is $91.95 and its two-hundred day moving average price is $91.62. The firm has a market capitalization of $24.34 billion, a PE ratio of 24.03 and a beta of 0.77.

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.