ETF Store Inc. Has $3.17 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

ETF Store Inc. lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.4% in the third quarter, HoldingsChannel.com reports. The firm owned 34,724 shares of the company’s stock after selling 2,791 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 3.3% of ETF Store Inc.’s holdings, making the stock its 6th largest position. ETF Store Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,171,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SpiderRock Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $629,000. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $30,000. EdgeRock Capital LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after purchasing an additional 3,371 shares in the last quarter. QRG Capital Management Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 36.5% during the 2nd quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock valued at $399,000 after purchasing an additional 1,270 shares in the last quarter. Finally, Banco Santander S.A. increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.2% during the 2nd quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock valued at $8,329,000 after purchasing an additional 1,200 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.1 %

Shares of USMV stock opened at $91.15 on Monday. The firm has a market capitalization of $26.71 billion, a PE ratio of 25.30 and a beta of 0.59. The firm has a fifty day simple moving average of $91.47 and a two-hundred day simple moving average of $87.44. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 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.