National Bank of Canada FI Sells 1,414 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

National Bank of Canada FI lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,732 shares of the company’s stock after selling 1,414 shares during the period. National Bank of Canada FI’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,350,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. EP Wealth Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 12.6% in the third quarter. EP Wealth Advisors LLC now owns 76,807 shares of the company’s stock worth $7,013,000 after purchasing an additional 8,622 shares during the last quarter. Insigneo Advisory Services LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 21.2% in the 3rd quarter. Insigneo Advisory Services LLC now owns 3,985 shares of the company’s stock worth $364,000 after purchasing an additional 696 shares during the period. Two Sigma Advisers LP purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $11,980,000. Stifel Financial Corp grew its position in iShares MSCI USA Min Vol Factor ETF by 2.8% during the third quarter. Stifel Financial Corp now owns 420,790 shares of the company’s stock valued at $38,423,000 after buying an additional 11,481 shares during the period. Finally, Quantinno Capital Management LP grew its position in iShares MSCI USA Min Vol Factor ETF by 149.9% during the third quarter. Quantinno Capital Management LP now owns 6,366 shares of the company’s stock valued at $581,000 after buying an additional 3,819 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3 %

USMV opened at $91.67 on Friday. The firm’s 50 day simple moving average is $92.32 and its two-hundred day simple moving average is $88.80. The company has a market capitalization of $26.86 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.

iShares MSCI USA Min Vol Factor ETF Company 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.