Sweeney & Michel LLC Has $1.60 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sweeney & Michel LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 17,265 shares of the company’s stock after acquiring an additional 745 shares during the quarter. Sweeney & Michel LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,603,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $30,000. Flagstar Advisors Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 9.2% during the first quarter. Flagstar Advisors Inc. now owns 6,211 shares of the company’s stock worth $519,000 after buying an additional 524 shares in the last quarter. QRG Capital Management Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 36.5% during the second quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock worth $399,000 after buying an additional 1,270 shares in the last quarter. Capstone Investment Advisors LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 38.4% during the first quarter. Capstone Investment Advisors LLC now owns 860,729 shares of the company’s stock worth $71,940,000 after buying an additional 238,700 shares in the last quarter. Finally, Banco Santander S.A. grew its stake in iShares MSCI USA Min Vol Factor ETF by 1.2% during the second quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock worth $8,329,000 after buying an additional 1,200 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.5 %

iShares MSCI USA Min Vol Factor ETF stock traded down $0.42 during trading hours on Tuesday, reaching $92.45. 706,486 shares of the stock were exchanged. The company has a market cap of $27.09 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The stock has a 50 day moving average of $90.79 and a two-hundred day moving average of $86.06.

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.