Gladstone Institutional Advisory LLC Sells 4,940 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Gladstone Institutional Advisory LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 94,384 shares of the company’s stock after selling 4,940 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,618,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $30,000. Gleason Group Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth about $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $33,000. Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $38,000. Finally, Bfsg LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.65 during midday trading on Friday, reaching $89.99. The company had a trading volume of 1,595,231 shares. The firm has a market cap of $26.37 billion, a PE ratio of 25.30 and a beta of 0.59. The stock has a fifty day moving average price of $91.15 and a 200 day moving average price of $86.52. 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.