Glenmede Trust Co. NA Decreases Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Glenmede Trust Co. NA decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 449,459 shares of the company’s stock after selling 9,497 shares during the quarter. Glenmede Trust Co. NA’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $41,040,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Brighton Jones LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% in the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after purchasing an additional 111 shares in the last quarter. Asset Dedication LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after buying an additional 121 shares during the period. Sensible Money LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after buying an additional 121 shares in the last quarter. Sage Capital Advisors llc lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% during the 2nd quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after acquiring an additional 123 shares during the period. Finally, Foster Victor Wealth Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after acquiring an additional 123 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $94.48 on Wednesday. The business has a 50 day moving average price of $91.74 and a 200 day moving average price of $88.03. The company has a market capitalization of $27.68 billion, a P/E 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.

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.