iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Lessened by Northern Trust Corp

Northern Trust Corp trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 34.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,568 shares of the company’s stock after selling 12,042 shares during the period. Northern Trust Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,004,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Smart Portfolios LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% during the fourth quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock worth $465,000 after acquiring an additional 112 shares in the last quarter. Heritage Wealth Advisors raised its holdings in iShares MSCI USA Min Vol Factor ETF by 27.4% during the fourth quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock valued at $48,000 after buying an additional 117 shares in the last quarter. Flputnam Investment Management Co. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.3% during the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock valued at $263,000 after buying an additional 123 shares in the last quarter. Mcdonald Partners LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after buying an additional 125 shares in the last quarter. Finally, Aveo Capital Partners LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock valued at $319,000 after buying an additional 129 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $92.50 on Monday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $81.34 and a fifty-two week high of $95.12. The stock’s 50-day moving average is $91.48 and its two-hundred day moving average is $91.72. The firm has a market cap of $23.98 billion, a P/E ratio of 24.27 and a beta of 0.74.

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.