Keel Point LLC Sells 248 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Keel Point LLC reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,216 shares of the company’s stock after selling 248 shares during the quarter. Keel Point LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $563,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock valued at $1,928,493,000 after buying an additional 9,059,409 shares during the last quarter. Raymond James & Associates raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock valued at $1,254,785,000 after buying an additional 122,005 shares during the last quarter. Morgan Stanley raised its stake in iShares MSCI USA Min Vol Factor ETF by 7.6% during the 4th quarter. Morgan Stanley now owns 15,673,112 shares of the company’s stock valued at $1,130,031,000 after buying an additional 1,111,338 shares during the last quarter. Moneta Group Investment Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 140,054.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock valued at $790,321,000 after buying an additional 10,953,635 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in iShares MSCI USA Min Vol Factor ETF by 16.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after buying an additional 1,000,764 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.6 %

Shares of USMV opened at $79.98 on Tuesday. The firm has a market cap of $23.39 billion, a PE ratio of 25.31 and a beta of 0.59. The firm has a fifty day simple moving average of $81.73 and a two-hundred day simple moving average of $77.96. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year 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.