Squarepoint Ops LLC Sells 149,783 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Squarepoint Ops LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 41.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 209,102 shares of the company’s stock after selling 149,783 shares during the period. Squarepoint Ops LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $17,556,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $30,000. Gleason Group Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $33,000. Naples Money Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $41,000. Finally, Gradient Investments LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 49,700.0% during the 2nd quarter. Gradient Investments LLC now owns 498 shares of the company’s stock worth $42,000 after acquiring an additional 497 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $90.96 on Friday. The firm has a market cap of $26.65 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock’s 50 day simple moving average is $88.84 and its 200 day simple moving average is $84.92.

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.