InTrack Investment Management Inc Has $300,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

InTrack Investment Management Inc lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 3,585 shares of the company’s stock after selling 300 shares during the period. InTrack Investment Management Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $300,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Woodmont Investment Counsel LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $81,000. Leonard Rickey Investment Advisors P.L.L.C. increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.0% in the first quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 172,715 shares of the company’s stock valued at $14,436,000 after acquiring an additional 1,666 shares during the period. Claro Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 14.3% in the first quarter. Claro Advisors LLC now owns 6,227 shares of the company’s stock worth $520,000 after purchasing an additional 780 shares in the last quarter. ADE LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.6% during the first quarter. ADE LLC now owns 106,131 shares of the company’s stock worth $8,870,000 after purchasing an additional 2,739 shares during the period. Finally, Founders Financial Securities LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 298.3% during the first quarter. Founders Financial Securities LLC now owns 105,182 shares of the company’s stock valued at $8,791,000 after purchasing an additional 78,772 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock traded up $0.26 during trading hours on Tuesday, hitting $84.02. The company had a trading volume of 2,028,698 shares. The firm has a market capitalization of $24.62 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm’s fifty day moving average is $82.84 and its 200 day moving average is $81.29.

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.