iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Camden National Bank

Camden National Bank reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 58,556 shares of the company’s stock after selling 7,070 shares during the quarter. Camden National Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $30,000. Gleason Group Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $32,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $33,000. Fortitude Family Office LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $38,000. Finally, Bfsg LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $93.46 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The business’s 50-day simple moving average is $91.60 and its 200 day simple moving average is $87.70. The stock has a market cap of $27.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.