iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Position Reduced by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 100,351 shares of the company’s stock after selling 5,031 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.4% of New England Private Wealth Advisors LLC’s holdings, making the stock its 21st largest position. New England Private Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,831,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in USMV. FMR LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 51.5% in the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after acquiring an additional 9,059,409 shares in the last quarter. Catalyst Capital Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $259,275,000. Envestnet Portfolio Solutions Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $246,963,000. International Assets Investment Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $216,845,000. Finally, PNC Financial Services Group Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 54.4% in the third quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock worth $383,689,000 after acquiring an additional 1,867,739 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.31 on Friday, reaching $80.91. The stock had a trading volume of 2,421,659 shares. The business’s 50-day moving average price is $81.80 and its two-hundred day moving average price is $78.41. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a market cap of $23.66 billion, a P/E ratio of 25.31 and a beta of 0.59.

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.