Park Place Capital Corp Cuts Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Park Place Capital Corp trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,783 shares of the company’s stock after selling 976 shares during the quarter. Park Place Capital Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,579,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of USMV. Carrera Capital Advisors acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $33,148,000. LPL Financial LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $18,422,000. Bank of Montreal Can raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% in the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after purchasing an additional 213,145 shares during the last quarter. Finally, Magnolia Capital Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 867.8% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock worth $18,463,000 after purchasing an additional 197,175 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 2.2 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $90.63 on Wednesday. The firm’s 50 day simple moving average is $91.09 and its two-hundred day simple moving average is $90.03. The firm has a market capitalization of $26.55 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

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.