Beaumont Financial Advisors LLC Reduces Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Beaumont Financial Advisors LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,253 shares of the company’s stock after selling 626 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $378,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Renaissance Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $1,369,000. Vanguard Personalized Indexing Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,655 shares of the company’s stock worth $559,000 after purchasing an additional 956 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the second quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after purchasing an additional 1,785 shares in the last quarter. Bank of Montreal Can increased its holdings in iShares MSCI USA Min Vol Factor ETF by 572.4% in the second quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after buying an additional 213,145 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 101.3% during the second quarter. AQR Capital Management LLC now owns 27,458 shares of the company’s stock valued at $2,305,000 after buying an additional 13,818 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 2.3 %

Shares of USMV opened at $90.66 on Thursday. 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 cap of $26.56 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock has a 50 day moving average of $91.04 and a 200-day moving average of $90.07.

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.