Trustmark Bank Trust Department Has $1.78 Million Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Trustmark Bank Trust Department lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,994 shares of the company’s stock after selling 1,113 shares during the quarter. Trustmark Bank Trust Department’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,783,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of USMV. Bank of Montreal Can grew its stake in iShares MSCI USA Min Vol Factor ETF by 9.9% in the second quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock valued at $4,207,000 after acquiring an additional 4,045 shares during the period. Accurate Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $203,000. Symmetry Partners LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10.1% during the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after purchasing an additional 24,219 shares in the last quarter. MinichMacGregor Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $283,000. Finally, Allworth Financial LP increased its stake in iShares MSCI USA Min Vol Factor ETF by 30.1% during the 2nd quarter. Allworth Financial LP now owns 78,585 shares of the company’s stock worth $7,377,000 after purchasing an additional 18,167 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $95.28 on Friday. The company has a market capitalization of $24.31 billion, a P/E ratio of 22.90 and a beta of 0.72. The company’s 50 day moving average price is $94.13 and its two-hundred day moving average price is $93.63. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12.

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.