iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 59.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,718 shares of the company’s stock after selling 29,027 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,876,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the second quarter. Raymond James Financial Inc. now owns 13,315,040 shares of the company’s stock valued at $1,249,883,000 after buying an additional 191,453 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock worth $650,670,000 after acquiring an additional 156,234 shares in the last quarter. Envestnet Asset Management Inc. raised its stake 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 valued at $439,962,000 after acquiring an additional 81,787 shares during the period. Millburn Ridgefield LLC DE raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.4% in the 3rd quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock valued at $357,057,000 after acquiring an additional 190,646 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after acquiring an additional 452,184 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.0%

Shares of BATS USMV opened at $96.05 on Friday. The stock has a fifty day moving average price of $94.87 and a 200 day moving average price of $94.30. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $96.65. The company has a market cap of $24.51 billion, a P/E ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.