Stokes Family Office LLC Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Stokes Family Office LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 41.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,584 shares of the company’s stock after selling 1,829 shares during the quarter. Stokes Family Office LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of USMV. Oppenheimer & Co. Inc. lifted 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 valued at $680,000 after acquiring an additional 1,326 shares during the last quarter. Strategy Asset Managers LLC lifted 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 valued at $1,713,000 after acquiring an additional 1,534 shares during the last quarter. First Horizon Advisors Inc. lifted 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 valued at $245,000 after acquiring an additional 1,040 shares during the last quarter. LPL Financial LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Finally, Banco Santander S.A. increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Banco Santander S.A. now owns 100,623 shares of the company’s stock valued at $9,188,000 after purchasing an additional 1,424 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $92.83 on Thursday. The firm has a market cap of $24.23 billion, a PE ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The firm’s fifty day moving average is $92.11 and its two-hundred day moving average is $91.64.

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.