Eq LLC Sells 701 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Eq LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.0% during the third quarter, HoldingsChannel reports. The fund owned 13,254 shares of the company’s stock after selling 701 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 0.6% of Eq LLC’s portfolio, making the stock its 28th largest holding. Eq LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,210,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James & Associates grew its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 2nd quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after acquiring an additional 146,632 shares during the last quarter. Catalyst Capital Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after acquiring an additional 182,050 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after acquiring an additional 31,625 shares during the last quarter. Cetera Investment Advisers grew its position in iShares MSCI USA Min Vol Factor ETF by 270.9% during the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after acquiring an additional 1,384,833 shares during the last quarter. Finally, Financial Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after acquiring an additional 16,576 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.1 %

Shares of USMV stock opened at $91.15 on Monday. The firm has a market capitalization of $26.71 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The stock’s fifty day simple moving average is $91.47 and its 200 day simple moving average is $87.44.

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.