Catalyst Capital Advisors LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 5.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,470,558 shares of the company’s stock after selling 188,149 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 7.1% of Catalyst Capital Advisors LLC’s holdings, making the stock its 4th largest position. Catalyst Capital Advisors LLC owned about 1.18% of iShares MSCI USA Min Vol Factor ETF worth $316,897,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in USMV. Sequoia Financial Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 23.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,861 shares of the company’s stock valued at $406,000 after acquiring an additional 914 shares during the period. BNP Paribas Financial Markets grew its holdings in iShares MSCI USA Min Vol Factor ETF by 558.9% during the 1st quarter. BNP Paribas Financial Markets now owns 20,190 shares of the company’s stock valued at $1,687,000 after purchasing an additional 17,126 shares during the last quarter. TFB Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at about $308,000. Buck Wealth Strategies LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at about $494,000. Finally, Geneos Wealth Management Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 521,610 shares of the company’s stock worth $43,596,000 after acquiring an additional 2,931 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
Shares of USMV stock opened at $89.94 on Tuesday. The company has a market capitalization of $26.35 billion, a P/E ratio of 25.30 and a beta of 0.59. The company’s 50-day simple moving average is $91.13 and its two-hundred day simple moving average is $86.76. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.
iShares MSCI USA Min Vol Factor ETF 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.
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