US Bancorp DE Sells 43,508 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

US Bancorp DE cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 780,361 shares of the company’s stock after selling 43,508 shares during the period. US Bancorp DE’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $74,244,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after purchasing an additional 1,291 shares in the last quarter. Jane Street Group LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% during the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock worth $3,323,000 after buying an additional 27,868 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 46.7% during the 2nd quarter. Wealthfront Advisers LLC now owns 9,831 shares of the company’s stock worth $923,000 after buying an additional 3,128 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 22.5% in the 2nd quarter. Bessemer Group Inc. now owns 16,786 shares of the company’s stock worth $1,576,000 after buying an additional 3,085 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $626,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.4%

Shares of USMV opened at $96.80 on Friday. The stock has a 50 day moving average of $95.09 and a 200 day moving average of $94.42. The company has a market capitalization of $24.70 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $96.90.

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.