iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 58.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 66,005 shares of the company’s stock after selling 94,722 shares during the period. AE Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,542,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James & Associates increased its holdings in shares of 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 buying an additional 146,632 shares during the last quarter. Alaska Permanent Fund Corp raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% in the 1st quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock worth $329,959,000 after purchasing an additional 167,538 shares during the period. Catalyst Capital Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock valued at $307,185,000 after purchasing an additional 182,050 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of 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 purchasing an additional 31,625 shares during the period. Finally, Cetera Investment Advisers increased 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 purchasing an additional 1,384,833 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $91.29 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company’s 50 day moving average price is $88.54 and its 200 day moving average price is $84.73. The firm 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 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.