iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Mechanics Bank Trust Department

Mechanics Bank Trust Department cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,549 shares of the company’s stock after selling 760 shares during the period. Mechanics Bank Trust Department’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,512,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Renaissance Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth about $1,369,000. Edgestream Partners L.P. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $975,000. Vanguard Personalized Indexing Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,655 shares of the company’s stock worth $559,000 after purchasing an additional 956 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after purchasing an additional 1,785 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 9.0% in the second quarter. Mount Yale Investment Advisors LLC now owns 18,871 shares of the company’s stock valued at $1,584,000 after purchasing an additional 1,565 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.4 %

Shares of USMV opened at $89.87 on Monday. The company has a market cap of $26.33 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm’s 50 day moving average price is $91.16 and its 200 day moving average price is $89.98.

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.