iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Leelyn Smith LLC

Leelyn Smith LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 165,484 shares of the company’s stock after selling 10,630 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 2.7% of Leelyn Smith LLC’s investment portfolio, making the stock its 7th largest position. Leelyn Smith LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $15,110,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. O Shaughnessy Asset Management LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 26.8% during the first quarter. O Shaughnessy Asset Management LLC now owns 4,883 shares of the company’s stock worth $408,000 after purchasing an additional 1,033 shares during the last quarter. Steel Grove Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $202,000. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $4,611,000. Waverly Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 607.5% in the 1st quarter. Waverly Advisors LLC now owns 20,165 shares of the company’s stock valued at $1,685,000 after buying an additional 17,315 shares during the last quarter. Finally, Sweeney & Michel LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at $1,386,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $93.46 on Friday. The stock’s 50-day moving average is $91.60 and its two-hundred day moving average is $87.70. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a market cap of $27.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.