TD Capital Management LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 5.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 146,794 shares of the company’s stock after selling 8,955 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.3% of TD Capital Management LLC’s portfolio, making the stock its 19th largest holding. TD Capital Management LLC owned about 0.06% of iShares MSCI USA Min Vol Factor ETF worth $13,966,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the company. Insight Inv LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $1,083,000. Win Advisors Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth $899,000. Dynasty Wealth Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% in the 3rd quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock valued at $120,051,000 after acquiring an additional 84,969 shares during the period. Becker Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $569,000. Finally, Cynosure Group LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% during the 3rd quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock valued at $4,036,000 after acquiring an additional 6,104 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Trading Down 0.6%
Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $95.09 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $98.07. The stock has a market cap of $24.27 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company has a fifty day moving average price of $95.55 and a 200 day moving average price of $94.66.
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.
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