iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Holdings Cut by Financial Counselors Inc.

Financial Counselors Inc. reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 27.7% in the third quarter, HoldingsChannel.com reports. The fund owned 6,449 shares of the company’s stock after selling 2,476 shares during the quarter. Financial Counselors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $589,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Raymond James & Associates boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 2nd quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock valued at $1,351,398,000 after purchasing an additional 146,632 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after buying an additional 91,948 shares during the period. LPL Financial LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after buying an additional 346,414 shares in the last quarter. Catalyst Capital Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock valued at $307,185,000 after acquiring an additional 182,050 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after acquiring an additional 31,625 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $94.55 on Friday. The firm has a market capitalization of $27.70 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock has a fifty day moving average of $91.94 and a two-hundred day moving average of $88.23.

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.