Mainstream Capital Management LLC Sells 231 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mainstream Capital Management LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,289 shares of the company’s stock after selling 231 shares during the period. Mainstream Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $558,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of USMV. Lockheed Martin Investment Management Co. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $62,801,000. LPL Financial LLC grew its stake 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 buying an additional 346,414 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $16,911,000. Millburn Ridgefield Corp grew its stake 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 buying an additional 180,849 shares in the last quarter. Finally, World Investment Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 343.1% in the 3rd quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock worth $20,534,000 after buying an additional 174,130 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.5 %

Shares of BATS:USMV opened at $94.37 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock has a market capitalization of $23.98 billion, a P/E ratio of 24.43 and a beta of 0.79. The firm has a fifty day simple moving average of $91.29 and a two-hundred day simple moving average of $91.44.

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.