Crestwood Advisors Group LLC Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Crestwood Advisors Group LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,898 shares of the company’s stock after selling 4,685 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,830,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of USMV. Sequoia Financial Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 23.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,861 shares of the company’s stock valued at $406,000 after purchasing an additional 914 shares during the period. BNP Paribas Financial Markets boosted its position in iShares MSCI USA Min Vol Factor ETF by 558.9% during the 1st quarter. BNP Paribas Financial Markets now owns 20,190 shares of the company’s stock valued at $1,687,000 after purchasing an additional 17,126 shares during the period. VitalStone Financial LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 30,118.8% during the 1st quarter. VitalStone Financial LLC now owns 30,521 shares of the company’s stock valued at $2,551,000 after purchasing an additional 30,420 shares during the period. Custos Family Office LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 1st quarter. Custos Family Office LLC now owns 144,340 shares of the company’s stock valued at $12,064,000 after purchasing an additional 1,223 shares during the period. Finally, SG Americas Securities LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 292.2% during the 1st quarter. SG Americas Securities LLC now owns 57,256 shares of the company’s stock valued at $4,785,000 after purchasing an additional 42,659 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $90.73 on Wednesday. The firm has a market capitalization of $26.58 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The business has a 50 day simple moving average of $91.14 and a 200 day simple moving average of $86.83.

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.