iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Lowered by Apella Capital LLC

Apella Capital LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 264,526 shares of the company’s stock after selling 54,754 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 0.9% of Apella Capital LLC’s investment portfolio, making the stock its 25th biggest holding. Apella Capital LLC owned about 0.09% of iShares MSCI USA Min Vol Factor ETF worth $23,487,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of USMV. SpiderRock Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $629,000. Headlands Technologies LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $30,000. EdgeRock Capital LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after acquiring an additional 3,371 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% during the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock valued at $57,937,000 after purchasing an additional 43,846 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after purchasing an additional 1,785 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.5 %

Shares of BATS USMV opened at $88.64 on Wednesday. The company has a market cap of $25.97 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock’s 50 day simple moving average is $91.36 and its 200 day simple moving average is $89.87. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

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.