Sei Investments Co. Decreases Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sei Investments Co. cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,278,816 shares of the company’s stock after selling 27,377 shares during the period. Sei Investments Co. owned approximately 0.44% of iShares MSCI USA Min Vol Factor ETF worth $107,369,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Optiver Holding B.V. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 100.0% during the 4th quarter. Optiver Holding B.V. now owns 1,758 shares of the company’s stock valued at $137,000 after acquiring an additional 7,664,300 shares during the last quarter. Cetera Investment Advisers lifted its position in iShares MSCI USA Min Vol Factor ETF by 270.9% during the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after purchasing an additional 1,384,833 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $83,046,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock worth $264,984,000 after buying an additional 755,493 shares in the last quarter. Finally, Symmetry Partners LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 75.6% in the 2nd quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after buying an additional 331,096 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.0 %

Shares of BATS USMV opened at $91.29 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm’s 50-day moving average price is $88.54 and its 200-day moving average price is $84.73. The stock has a market capitalization of $26.75 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.