Mercer Global Advisors Inc. ADV Has $181.79 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mercer Global Advisors Inc. ADV lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 23.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,165,164 shares of the company’s stock after selling 659,317 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $181,787,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $30,000. Gleason Group Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $33,000. Strategic Financial Concepts LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $35,000. Finally, Naples Money Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $41,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.6 %

USMV opened at $91.29 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The stock has a market capitalization of $26.75 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business has a 50 day moving average of $88.18 and a 200-day moving average of $84.55.

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.