Exchange Bank Sells 200 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Exchange Bank lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,600 shares of the company’s stock after selling 200 shares during the period. Exchange Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $586,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in USMV. Renaissance Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at approximately $1,369,000. Vanguard Personalized Indexing Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,655 shares of the company’s stock worth $559,000 after purchasing an additional 956 shares during the period. Thrivent Financial for Lutherans lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the second quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock valued at $19,494,000 after purchasing an additional 1,785 shares during the last quarter. Mount Yale Investment Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 9.0% during the second quarter. Mount Yale Investment Advisors LLC now owns 18,871 shares of the company’s stock valued at $1,584,000 after purchasing an additional 1,565 shares during the period. Finally, Commonwealth Financial Services LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth $219,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $89.87 on Tuesday. The stock has a market capitalization of $26.33 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The business’s fifty day moving average price is $91.09 and its 200-day moving average price is $90.03.

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.