Ascent Group LLC Has $1.83 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ascent Group LLC reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,057 shares of the company’s stock after selling 1,046 shares during the period. Ascent Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,831,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Raymond James & Associates boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock valued at $1,351,398,000 after purchasing an additional 146,632 shares during the last quarter. PNC Financial Services Group Inc. raised 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 in the last quarter. LPL Financial LLC lifted its holdings 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 valued at $489,205,000 after buying an additional 346,414 shares during the last quarter. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock valued at $307,185,000 after buying an additional 182,050 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after buying an additional 31,625 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $94.16 on Tuesday. The firm has a market cap of $27.59 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s 50 day moving average price is $91.99 and its 200 day moving average price is $88.34. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.