iShares MSCI USA Min Vol Factor ETF $USMV Stock: Detalus Advisors LLC Decreases Stake

Detalus Advisors LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 25.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,726 shares of the company’s stock after selling 5,245 shares during the period. Detalus Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,532,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of USMV. Catalyst Capital Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after acquiring an additional 489,637 shares during the period. Cetera Investment Advisers increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% in the 1st quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock worth $200,546,000 after purchasing an additional 39,289 shares in the last quarter. Sei Investments Co. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 1st quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock worth $144,677,000 after purchasing an additional 28,733 shares during the period. Geneos Wealth Management Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 99.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after purchasing an additional 569,762 shares during the period. Finally, Brookstone Capital Management lifted its position in iShares MSCI USA Min Vol Factor ETF by 4.6% during the first quarter. Brookstone Capital Management now owns 893,614 shares of the company’s stock valued at $82,874,000 after purchasing an additional 39,266 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $101.58 on Friday. The business’s fifty day moving average is $100.06 and its 200 day moving average is $97.21. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $102.21. The company has a market capitalization of $25.92 billion, a PE ratio of 22.90 and a beta of 0.72.

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.