Blue Trust Inc. Cuts Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Blue Trust Inc. lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 63.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 549 shares of the company’s stock after selling 943 shares during the quarter. Blue Trust Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $46,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Headlands Technologies LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $30,000. Gleason Group Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $32,000. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $33,000. Bfsg LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares during the last quarter. Finally, Gradient Investments LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 49,700.0% in the second quarter. Gradient Investments LLC now owns 498 shares of the company’s stock valued at $42,000 after buying an additional 497 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $89.99 on Friday. The stock’s 50-day moving average is $91.14 and its two-hundred day moving average is $86.59. The firm has a market cap of $26.37 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. 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 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.