iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 164,947 shares of the company’s stock after selling 11,299 shares during the period. Sequoia Financial Advisors LLC owned about 0.06% of iShares MSCI USA Min Vol Factor ETF worth $15,693,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Ameriprise Financial Inc. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% in the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after purchasing an additional 452,184 shares during the period. Cetera Investment Advisers boosted its stake in iShares MSCI USA Min Vol Factor ETF by 26.3% in the 2nd quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock worth $201,096,000 after buying an additional 445,896 shares during the last quarter. Truist Financial Corp boosted its stake in iShares MSCI USA Min Vol Factor ETF by 147.7% in the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock worth $68,678,000 after buying an additional 436,281 shares during the last quarter. Portfolio Design Labs LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $34,671,000. Finally, Ascent Group LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1,116.1% during the 2nd quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock valued at $28,923,000 after acquiring an additional 282,778 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $94.47 on Monday. The company’s 50 day simple moving average is $94.31 and its 200 day simple moving average is $93.98. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The stock has a market capitalization of $24.11 billion, a PE ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.