Sage Capital Advisors llc Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sage Capital Advisors llc lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,212 shares of the company’s stock after selling 119 shares during the period. Sage Capital Advisors llc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $476,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James & Associates grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock valued at $1,351,398,000 after buying an additional 146,632 shares in the last quarter. Alaska Permanent Fund Corp boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% in the first quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock valued at $329,959,000 after purchasing an additional 167,538 shares during the period. Catalyst Capital Advisors LLC increased its stake 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 buying an additional 182,050 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after buying an additional 31,625 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of 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 acquiring an additional 1,384,833 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $90.84 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock’s 50-day simple moving average is $89.72 and its 200-day simple moving average is $85.46. The firm has a market cap of $26.62 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.