TD Capital Management LLC Decreases Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

TD Capital Management LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 172,135 shares of the company’s stock after selling 19,285 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 1.5% of TD Capital Management LLC’s holdings, making the stock its 18th biggest position. TD Capital Management LLC owned 0.06% of iShares MSCI USA Min Vol Factor ETF worth $14,452,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of USMV. Camden National Bank increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% in the 4th quarter. Camden National Bank now owns 61,741 shares of the company’s stock valued at $4,818,000 after acquiring an additional 2,188 shares during the period. Soundwatch Capital LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $140,000. Morningstar Investment Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 96.7% during the 4th quarter. Morningstar Investment Services LLC now owns 10,924 shares of the company’s stock valued at $851,000 after acquiring an additional 5,369 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $7,550,000. Finally, Harvest Investment Services LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $61,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $90.22 on Friday. The stock has a market capitalization of $26.43 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. The company’s fifty day moving average is $86.99 and its two-hundred day moving average is $83.93.

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.