Family Capital Trust Co Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Family Capital Trust Co reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 80,316 shares of the company’s stock after selling 4,487 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 2.4% of Family Capital Trust Co’s portfolio, making the stock its 11th largest holding. Family Capital Trust Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,131,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in USMV. PNC Financial Services Group Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after purchasing an additional 91,948 shares during the period. LPL Financial LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares during the period. Cerity Partners LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after purchasing an additional 17,264 shares during the period. Finally, Financial Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after purchasing an additional 16,576 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.6 %

USMV stock opened at $92.73 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company has a 50-day moving average price of $90.76 and a 200 day moving average price of $90.59. The stock has a market cap of $27.17 billion, a PE ratio of 25.30 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.