iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,435,220 shares of the company’s stock after selling 222,986 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $370,696,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. FMR LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% in the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock valued at $1,928,493,000 after purchasing an additional 9,059,409 shares in the last quarter. Optiver Holding B.V. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 100.0% in the fourth quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock valued at $137,000 after purchasing an additional 7,664,300 shares during the period. Catalyst Capital Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $259,275,000. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $246,963,000. Finally, International Assets Investment Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $216,845,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.0 %

Shares of BATS USMV traded down $0.83 on Tuesday, reaching $80.45. 2,278,476 shares of the company traded hands. The stock has a market capitalization of $23.52 billion, a PE ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The company has a 50 day moving average of $81.82 and a 200 day moving average of $78.60.

iShares MSCI USA Min Vol Factor ETF Company 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.