TPG Advisors LLC Cuts Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

TPG Advisors LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,318 shares of the company’s stock after selling 855 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.6% of TPG Advisors LLC’s portfolio, making the stock its 16th biggest holding. TPG Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,070,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. PNC Financial Services Group Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after buying an additional 91,948 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares during the period. Millburn Ridgefield Corp raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares during the period. Finally, Cerity Partners LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after purchasing an additional 17,264 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.60 on Friday. The stock’s 50-day moving average is $91.19 and its 200-day moving average is $91.34. The company has a market cap of $24.04 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month 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.