iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Summit Trail Advisors LLC

Summit Trail Advisors LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,885 shares of the company’s stock after selling 2,092 shares during the period. Summit Trail Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,161,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Keener Financial Planning LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $26,000. Horrell Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $27,000. Global Trust Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $27,000. M&R Capital Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $34,000. Finally, SYM FINANCIAL Corp lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% in the 4th quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after acquiring an additional 340 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV traded up $0.50 during mid-day trading on Monday, reaching $81.62. 1,147,176 shares of the company traded hands. 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 firm has a market cap of $23.91 billion, a PE ratio of 25.30 and a beta of 0.59. The stock has a fifty day simple moving average of $81.78 and a 200-day simple moving average of $78.75.

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.