iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,253 shares of the company’s stock after selling 626 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of USMV. Renaissance Technologies LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $1,369,000. Vanguard Personalized Indexing Management LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,655 shares of the company’s stock worth $559,000 after acquiring an additional 956 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock valued at $19,494,000 after acquiring an additional 1,785 shares during the period. Bank of Montreal Can lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% during the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after acquiring an additional 213,145 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 101.3% during the 2nd quarter. AQR Capital Management LLC now owns 27,458 shares of the company’s stock worth $2,305,000 after purchasing an additional 13,818 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 2.3 %

Shares of BATS USMV opened at $90.66 on Thursday. The stock has a fifty day moving average price of $91.04 and a 200 day moving average price of $90.07. The company has a market cap of $26.56 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.

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.