Compass Capital Corp MA ADV Sells 15,307 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Compass Capital Corp MA ADV trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 47.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,047 shares of the company’s stock after selling 15,307 shares during the quarter. Compass Capital Corp MA ADV’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,495,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $1,176,338,000. Wealth Enhancement Advisory Services LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 102.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after purchasing an additional 3,352,591 shares during the period. LPL Financial LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 6.1% in the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after purchasing an additional 328,291 shares during the period. Catalyst Capital Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 2.9% in the first quarter. Catalyst Capital Advisors LLC now owns 3,755,502 shares of the company’s stock worth $351,740,000 after purchasing an additional 104,095 shares during the period. Finally, Assetmark Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 0.6% in the fourth quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock worth $142,627,000 after purchasing an additional 10,270 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.5%

Shares of USMV stock opened at $91.74 on Thursday. The stock has a 50-day moving average price of $92.18 and a 200 day moving average price of $91.73. The firm has a market cap of $23.52 billion, a price-to-earnings ratio of 24.27 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.55 and a 12 month high of $95.12.

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.