iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 39,705 shares of the company’s stock after selling 3,136 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,334,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in USMV. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $30,000. Gleason Group Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $33,000. Strategic Financial Concepts LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $35,000. Finally, Naples Money Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $41,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.5 %

BATS USMV opened at $91.80 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock has a market capitalization of $26.90 billion, a PE ratio of 25.30 and a beta of 0.59. The firm has a 50 day moving average of $88.04 and a two-hundred day moving average of $84.48.

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.