iShares MSCI USA Min Vol Factor ETF $USMV Position Lowered by Sovereign Investment Advisors LLC

Sovereign Investment Advisors LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 65.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 153,932 shares of the company’s stock after selling 296,127 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 3.6% of Sovereign Investment Advisors LLC’s portfolio, making the stock its 8th biggest position. Sovereign Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $14,494,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of USMV. Junto Capital Management LP purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $85,107,000. BNP Paribas Financial Markets boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 10,472.3% during the fourth quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after buying an additional 793,173 shares during the last quarter. Two Sigma Investments LP boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% during the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after buying an additional 565,200 shares during the last quarter. Morgan Stanley boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% during the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock valued at $1,434,701,000 after buying an additional 465,870 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% during the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after buying an additional 452,184 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $96.34 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The stock has a market capitalization of $24.59 billion, a PE ratio of 22.90 and a beta of 0.72. The business’s fifty day moving average is $94.95 and its 200 day moving average is $94.85.

iShares MSCI USA Min Vol Factor ETF 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.