24,178 Shares of iShares MSCI USA Min Vol Factor ETF $USMV Acquired by Mechanics Bank Trust Department

Mechanics Bank Trust Department bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 24,178 shares of the company’s stock, valued at approximately $2,356,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in USMV. Delta Wealth Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.3% during the 1st quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock worth $3,403,000 after purchasing an additional 108 shares in the last quarter. Mcmorgan & Co. LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the first quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock valued at $2,619,000 after purchasing an additional 108 shares in the last quarter. KW Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock valued at $1,276,000 after purchasing an additional 109 shares in the last quarter. Bayban boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the first quarter. Bayban now owns 4,797 shares of the company’s stock valued at $445,000 after buying an additional 120 shares during the last quarter. Finally, Post Resch Tallon Group Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the second quarter. Post Resch Tallon Group Inc. now owns 8,038 shares of the company’s stock valued at $775,000 after buying an additional 150 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.1%

BATS USMV traded down $0.08 on Tuesday, reaching $100.65. The company had a trading volume of 2,507,414 shares, compared to its average volume of 2,291,416. The stock has a market capitalization of $25.69 billion, a P/E ratio of 22.90 and a beta of 0.72. The company’s fifty day moving average is $99.99 and its 200 day moving average is $97.02. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $102.21.

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.