Aptus Capital Advisors LLC Sells 12,164 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Aptus Capital Advisors LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 56,097 shares of the company’s stock after selling 12,164 shares during the quarter. Aptus Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,122,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its stake in iShares MSCI USA Min Vol Factor ETF by 558.9% in the first quarter. BNP Paribas Financial Markets now owns 20,190 shares of the company’s stock worth $1,687,000 after purchasing an additional 17,126 shares in the last quarter. QRG Capital Management Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $291,000. Delos Wealth Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10,839.6% during the first quarter. Delos Wealth Advisors LLC now owns 18,488 shares of the company’s stock worth $1,545,000 after buying an additional 18,319 shares in the last quarter. Truepoint Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 112.5% during the first quarter. Truepoint Inc. now owns 6,583 shares of the company’s stock valued at $550,000 after purchasing an additional 3,485 shares during the last quarter. Finally, Banco Santander S.A. boosted its position in iShares MSCI USA Min Vol Factor ETF by 27.6% during the first quarter. Banco Santander S.A. now owns 97,999 shares of the company’s stock valued at $8,191,000 after purchasing an additional 21,177 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.2 %

USMV opened at $93.14 on Wednesday. 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 has a market cap of $27.29 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business has a 50 day moving average of $91.30 and a 200-day moving average of $87.16.

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.