Captrust Financial Advisors Sells 5,088,230 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Captrust Financial Advisors trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 84.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 911,396 shares of the company’s stock after selling 5,088,230 shares during the period. Captrust Financial Advisors owned approximately 0.31% of iShares MSCI USA Min Vol Factor ETF worth $83,220,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Rockefeller Capital Management L.P. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the third quarter. Rockefeller Capital Management L.P. now owns 187,402 shares of the company’s stock valued at $17,068,000 after acquiring an additional 611 shares during the last quarter. Northwest & Ethical Investments L.P. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 104.3% in the third quarter. Northwest & Ethical Investments L.P. now owns 109,700 shares of the company’s stock valued at $10,017,000 after acquiring an additional 56,000 shares during the last quarter. WFA of San Diego LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% in the third quarter. WFA of San Diego LLC now owns 4,677 shares of the company’s stock valued at $427,000 after acquiring an additional 323 shares during the last quarter. Bell Investment Advisors Inc increased its position in iShares MSCI USA Min Vol Factor ETF by 42.2% during the third quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock worth $3,516,000 after buying an additional 11,432 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $134,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.1 %

Shares of BATS USMV opened at $94.44 on Friday. The business’s 50 day moving average price is $91.88 and its two-hundred day moving average price is $88.12. The company 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.

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.