Flow Traders U.S. LLC Lowers Position in iShares MSCI USA Min Vol Factor ETF $USMV

Flow Traders U.S. LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 47.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,447 shares of the company’s stock after selling 14,905 shares during the period. Flow Traders U.S. LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,544,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock valued at $628,581,000 after acquiring an additional 51,463 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock worth $439,962,000 after acquiring an additional 81,787 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% in the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after acquiring an additional 568,565 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 10.7% during the 1st quarter. Ameriprise Financial Inc. now owns 2,440,656 shares of the company’s stock worth $228,646,000 after purchasing an additional 235,117 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,202,341 shares of the company’s stock valued at $206,734,000 after purchasing an additional 16,746 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.7%

Shares of BATS USMV opened at $94.56 on Monday. The business’s 50 day moving average is $94.18 and its two-hundred day moving average is $93.67. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12. The firm has a market cap of $24.13 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.