Summit Trail Advisors LLC Has $2.27 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Summit Trail Advisors LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,999 shares of the company’s stock after selling 1,794 shares during the period. Summit Trail Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,267,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Camden National Bank raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% in the fourth quarter. Camden National Bank now owns 61,741 shares of the company’s stock valued at $4,818,000 after purchasing an additional 2,188 shares during the last quarter. Morningstar Investment Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 96.7% in the 4th quarter. Morningstar Investment Services LLC now owns 10,924 shares of the company’s stock valued at $851,000 after buying an additional 5,369 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $7,550,000. Harvest Investment Services LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $61,000. Finally, Tradition Wealth Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 34.0% during the 4th quarter. Tradition Wealth Management LLC now owns 112,962 shares of the company’s stock worth $8,814,000 after buying an additional 28,667 shares during 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 52-week low of $47.44 and a 52-week high of $55.45. The company has a market cap of $26.75 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock’s 50-day simple moving average is $88.54 and its 200 day simple moving average is $84.73.

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.