Moloney Securities Asset Management LLC Cuts Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Moloney Securities Asset Management LLC lessened its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,785 shares of the company’s stock after selling 538 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 0.9% of Moloney Securities Asset Management LLC’s portfolio, making the stock its 19th biggest holding. Moloney Securities Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,646,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $30,000. Gleason Group Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $33,000. Strategic Financial Concepts LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $35,000. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $89.94 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 firm has a market capitalization of $26.35 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock has a 50 day moving average price of $91.13 and a 200 day moving average price of $86.76.

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.