iShares MSCI USA Min Vol Factor ETF $USMV Holdings Cut by Apella Capital LLC

Apella Capital LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.8% in the third quarter, Holdings Channel.com reports. The firm owned 141,035 shares of the company’s stock after selling 26,368 shares during the period. Apella Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $13,163,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of USMV. Bank of Montreal Can grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% in the 2nd quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock valued at $4,207,000 after buying an additional 4,045 shares in the last quarter. Accurate Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $203,000. Symmetry Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 10.1% in the second quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after acquiring an additional 24,219 shares during the last quarter. Allworth Financial LP grew its position in iShares MSCI USA Min Vol Factor ETF by 30.1% in the second quarter. Allworth Financial LP now owns 78,585 shares of the company’s stock worth $7,377,000 after acquiring an additional 18,167 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $283,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.3%

Shares of BATS:USMV opened at $95.10 on Friday. The stock has a market capitalization of $24.27 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The firm has a fifty day moving average price of $94.09 and a 200 day moving average price of $93.80.

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.