Running Point Capital Advisors LLC Has $9.09 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Running Point Capital Advisors LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 99,584 shares of the company’s stock after selling 5,406 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 3.5% of Running Point Capital Advisors LLC’s portfolio, making the stock its 7th biggest position. Running Point Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,093,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of USMV. Raymond James & Associates increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% in the 2nd quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after purchasing an additional 146,632 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after purchasing an additional 91,948 shares during the period. LPL Financial LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 6.9% during 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 last quarter. Catalyst Capital Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after buying an additional 182,050 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after buying an additional 31,625 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $91.97 on Thursday. The business has a 50-day moving average of $91.52 and a 200-day moving average of $87.64. The company has a market capitalization of $26.95 billion, a price-to-earnings 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 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.