M&T Bank Corp Sells 17,810 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

M&T Bank Corp lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 189,896 shares of the company’s stock after selling 17,810 shares during the quarter. M&T Bank Corp owned about 0.06% of iShares MSCI USA Min Vol Factor ETF worth $17,339,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of USMV. SpiderRock Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $629,000. Headlands Technologies LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $30,000. EdgeRock Capital LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after acquiring an additional 3,371 shares in the last quarter. Banco Santander S.A. increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.2% in the second quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock valued at $8,329,000 after acquiring an additional 1,200 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 62,400.0% during the second quarter. Cullen Frost Bankers Inc. now owns 625 shares of the company’s stock worth $52,000 after purchasing an additional 624 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 1.0 %

USMV stock opened at $89.44 on Friday. The firm has a market cap of $26.21 billion, a P/E ratio of 25.30 and a beta of 0.59. The business’s 50 day moving average is $92.21 and its 200-day moving average is $89.17. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.