PNC Financial Services Group Inc. Buys 91,948 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

PNC Financial Services Group Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.9% during the third quarter, HoldingsChannel reports. The firm owned 9,905,008 shares of the company’s stock after acquiring an additional 91,948 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 0.6% of PNC Financial Services Group Inc.’s investment portfolio, making the stock its 27th largest position. PNC Financial Services Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $904,426,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.1% during the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after buying an additional 111 shares during the last quarter. Asset Dedication LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after acquiring an additional 121 shares during the period. Sensible Money LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% during the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after acquiring an additional 121 shares during the last quarter. Sage Capital Advisors llc raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.4% in the 2nd quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after acquiring an additional 123 shares during the period. Finally, Foster Victor Wealth Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 4.8% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after purchasing an additional 123 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $91.49 on Tuesday. The company has a market cap of $26.81 billion, a P/E ratio of 25.30 and a beta of 0.59. The firm’s fifty day moving average price is $91.47 and its two-hundred day moving average price is $87.49. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

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.