iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Decreased by M&T Bank Corp

M&T Bank Corp decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 16.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,266 shares of the company’s stock after selling 31,630 shares during the period. M&T Bank Corp owned approximately 0.05% of iShares MSCI USA Min Vol Factor ETF worth $14,052,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in USMV. Lockheed Martin Investment Management Co. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $62,801,000. LPL Financial LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after buying an additional 346,414 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $16,911,000. Millburn Ridgefield Corp lifted its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after buying an additional 180,849 shares in the last quarter. Finally, World Investment Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 343.1% during the third quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock valued at $20,534,000 after buying an additional 174,130 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.8 %

USMV stock opened at $93.76 on Thursday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm has a market capitalization of $23.82 billion, a PE ratio of 24.43 and a beta of 0.79. The firm has a 50-day moving average of $91.44 and a two-hundred day moving average of $91.48.

About iShares MSCI USA Min Vol Factor ETF

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.