iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 38.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,486,561 shares of the company’s stock after selling 2,217,615 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $318,358,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $30,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $33,000. Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $38,000. Bfsg LLC lifted its stake in shares of 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 worth $39,000 after buying an additional 228 shares in the last quarter. Finally, Arrow Financial Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $45,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.5 %

USMV stock opened at $89.67 on Monday. The firm has a 50-day moving average of $91.92 and a two-hundred day moving average of $89.45. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company has a market cap of $26.27 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

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.