Richardson Financial Services Inc. Sells 366 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Richardson Financial Services Inc. cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,708 shares of the company’s stock after selling 366 shares during the quarter. Richardson Financial Services Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $563,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of USMV. Raymond James & Associates boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after buying an additional 146,632 shares during the period. Alaska Permanent Fund Corp boosted its position in iShares MSCI USA Min Vol Factor ETF by 4.4% during the 1st quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock worth $329,959,000 after acquiring an additional 167,538 shares during the last quarter. Catalyst Capital Advisors LLC grew its stake in shares of 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 in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after purchasing an additional 31,625 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after purchasing an additional 1,384,833 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.5 %

iShares MSCI USA Min Vol Factor ETF stock opened at $90.84 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The company has a fifty day simple moving average of $88.31 and a 200 day simple moving average of $84.59. The company has a market cap of $26.62 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.