FF Advisors LLC Sells 987 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

FF Advisors LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,748 shares of the company’s stock after selling 987 shares during the period. FF Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $802,000 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 USMV. Carrera Capital Advisors acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $33,148,000. LPL Financial LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at approximately $18,422,000. Bank of Montreal Can grew its holdings in iShares MSCI USA Min Vol Factor ETF by 572.4% in the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after buying an additional 213,145 shares during the last quarter. Finally, Magnolia Capital Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 867.8% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock worth $18,463,000 after buying an additional 197,175 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 1.2 %

USMV opened at $89.68 on Friday. The business has a 50 day moving average of $91.23 and a 200-day moving average of $89.86. The stock has a market capitalization of $26.28 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.