CX Institutional Has $3.33 Million Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

CX Institutional decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,522 shares of the company’s stock after selling 1,235 shares during the period. CX Institutional’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,334,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brown Advisory Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 8.9% during the 1st quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock worth $1,588,000 after buying an additional 1,387 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after acquiring an additional 3,352,591 shares during the last quarter. Townsquare Capital LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 7.3% during the first quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock valued at $5,047,000 after purchasing an additional 3,666 shares during the last quarter. DAVENPORT & Co LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 8.0% in the first quarter. DAVENPORT & Co LLC now owns 4,395 shares of the company’s stock valued at $412,000 after purchasing an additional 324 shares in the last quarter. Finally, Ancora Advisors LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% in the first quarter. Ancora Advisors LLC now owns 96,864 shares of the company’s stock valued at $9,072,000 after purchasing an additional 2,404 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.6%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.64 on Friday. The stock has a market cap of $23.90 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The business’s 50 day moving average is $93.67 and its 200-day moving average is $92.68.

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.