iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stake Lowered by Townsquare Capital LLC

Townsquare Capital LLC decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,003 shares of the company’s stock after selling 2,514 shares during the period. Townsquare Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,114,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in USMV. BNP Paribas Financial Markets boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.1% during the third quarter. BNP Paribas Financial Markets now owns 5,017 shares of the company’s stock valued at $458,000 after acquiring an additional 243 shares during the period. D.A. Davidson & CO. lifted its position in iShares MSCI USA Min Vol Factor ETF by 1.8% in the 3rd quarter. D.A. Davidson & CO. now owns 131,331 shares of the company’s stock valued at $11,992,000 after purchasing an additional 2,350 shares during the last quarter. Patton Albertson Miller Group LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 3.7% during the 3rd quarter. Patton Albertson Miller Group LLC now owns 11,317 shares of the company’s stock valued at $1,033,000 after purchasing an additional 401 shares during the period. Acorn Wealth Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 2.8% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 51,344 shares of the company’s stock worth $4,688,000 after purchasing an additional 1,381 shares during the last quarter. Finally, Diversified LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.7% in the third quarter. Diversified LLC now owns 30,240 shares of the company’s stock valued at $2,761,000 after purchasing an additional 496 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.1 %

USMV opened at $94.44 on Friday. The business’s 50 day moving average is $91.88 and its 200-day moving average is $88.12. The stock has a market cap of $27.67 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month 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.