Janney Montgomery Scott LLC Sells 176,472 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Janney Montgomery Scott LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 13.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,141,474 shares of the company’s stock after selling 176,472 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.30% of iShares MSCI USA Min Vol Factor ETF worth $82,620,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $28,000. Stonebridge Capital Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 180.4% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock valued at $29,000 after buying an additional 258 shares during the last quarter. BNP Paribas Arbitrage SNC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $31,000. Element Wealth LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 77.6% in the second quarter. Element Wealth LLC now owns 428 shares of the company’s stock valued at $32,000 after buying an additional 187 shares during the last quarter. Finally, Financial Freedom LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $34,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3 %

Shares of USMV traded down $0.28 during mid-day trading on Monday, reaching $80.35. The company’s stock had a trading volume of 3,117,835 shares. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The stock has a market cap of $30.82 billion, a P/E ratio of 20.17 and a beta of 0.75. The business has a 50-day simple moving average of $78.09 and a two-hundred day simple moving average of $75.44.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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