Family Capital Trust Co Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Family Capital Trust Co lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 98.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 820 shares of the company’s stock after selling 67,111 shares during the period. Family Capital Trust Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $77,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Insight Inv LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $1,083,000. Win Advisors Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $899,000. Dynasty Wealth Management LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% during the third quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock valued at $120,051,000 after buying an additional 84,969 shares during the period. Becker Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $569,000. Finally, Cynosure Group LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% during the third quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock valued at $4,036,000 after buying an additional 6,104 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $94.86 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $87.41 and a 1 year high of $98.07. The company’s 50-day moving average is $94.78 and its 200 day moving average is $94.50. The stock has a market capitalization of $24.21 billion, a P/E ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF 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.