Canandaigua National Bank & Trust Co. Takes Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Canandaigua National Bank & Trust Co. bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,249 shares of the company’s stock, valued at approximately $388,000.

Several other hedge funds and other institutional investors have also bought and sold shares of USMV. Cetera Investment Advisers raised its stake in 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 buying an additional 1,384,833 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $83,046,000. Wealth Enhancement Advisory Services LLC grew its position 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 during the period. Carrera Capital Advisors purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $33,148,000. Finally, Symmetry Partners LLC grew its stake 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 0.5 %

BATS:USMV traded up $0.43 during trading hours on Friday, reaching $91.10. 1,334,540 shares of the company traded hands. The stock has a market capitalization of $26.69 billion, a P/E ratio of 25.30 and a beta of 0.59. The business’s 50-day moving average price is $89.56 and its two-hundred day moving average price is $85.32. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.