Front Row Advisors LLC Decreases Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Front Row Advisors LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,378 shares of the company’s stock after selling 200 shares during the quarter. Front Row Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $284,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 21.1% during the 2nd quarter. NewEdge Advisors LLC now owns 498,951 shares of the company’s stock valued at $41,892,000 after purchasing an additional 86,990 shares during the last quarter. Magnolia Capital Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 867.8% during the second quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock valued at $18,463,000 after buying an additional 197,175 shares during the last quarter. Creative Planning raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the second quarter. Creative Planning now owns 210,145 shares of the company’s stock worth $17,644,000 after buying an additional 1,286 shares during the period. AQR Capital Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 101.3% during the 2nd quarter. AQR Capital Management LLC now owns 27,458 shares of the company’s stock worth $2,305,000 after acquiring an additional 13,818 shares during the last quarter. Finally, Bank of Montreal Can boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 572.4% during the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after acquiring an additional 213,145 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.1 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $91.07 on Friday. The stock’s fifty day moving average is $89.04 and its two-hundred day moving average is $85.02. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The company has a market capitalization of $26.68 billion, a PE ratio of 25.30 and a beta of 0.59.

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.