Tacita Capital Inc Trims Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Tacita Capital Inc reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% during the 3rd quarter, Holdings Channel reports. The fund owned 33,698 shares of the company’s stock after selling 400 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 2.0% of Tacita Capital Inc’s portfolio, making the stock its 16th biggest position. Tacita Capital Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,077,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in USMV. Headlands Technologies LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $30,000. Gleason Group Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $32,000. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $33,000. Strategic Financial Concepts LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $35,000. Finally, Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $38,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.9 %

Shares of iShares MSCI USA Min Vol Factor ETF stock traded up $0.84 during trading hours on Monday, reaching $93.47. The stock had a trading volume of 1,849,251 shares. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a market capitalization of $27.39 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm has a 50 day simple moving average of $91.26 and a two-hundred day simple moving average of $87.03.

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.