InTrack Investment Management Inc Lowers Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

InTrack Investment Management Inc trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,585 shares of the company’s stock after selling 300 shares during the period. InTrack Investment Management Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $300,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in USMV. Keener Financial Planning LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $26,000. Horrell Capital Management Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $27,000. Global Trust Asset Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $27,000. M&R Capital Management Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $34,000. Finally, SYM FINANCIAL Corp grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% during the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock valued at $38,000 after buying an additional 340 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV traded up $0.26 during mid-day trading on Tuesday, reaching $84.02. The stock had a trading volume of 2,028,698 shares. The stock has a market cap of $24.62 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company has a fifty day moving average price of $82.84 and a 200 day moving average price of $81.29.

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.