Csenge Advisory Group Sells 144,910 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Csenge Advisory Group lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 65.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 75,461 shares of the company’s stock after selling 144,910 shares during the period. Csenge Advisory Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,353,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kwmg LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.5% during the third quarter. Kwmg LLC now owns 153,852 shares of the company’s stock valued at $14,991,000 after acquiring an additional 9,418 shares during the period. TD Waterhouse Canada Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 19.1% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 35,218 shares of the company’s stock valued at $3,398,000 after acquiring an additional 5,647 shares in the last quarter. Arlington Capital Management Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $14,804,000. Retirement Planning Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $1,697,000. Finally, Invariant Investment Management purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $5,077,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $103.21 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $104.75. The firm has a market capitalization of $24.16 billion, a price-to-earnings ratio of 23.08 and a beta of 0.63. The company has a 50 day moving average price of $100.63 and a 200 day moving average price of $97.29.

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.