Trinity Wealth Management LLC Reduces Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Trinity Wealth Management LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 154,469 shares of the company’s stock after selling 13,012 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 4.7% of Trinity Wealth Management LLC’s holdings, making the stock its 7th biggest position. Trinity Wealth Management LLC owned about 0.06% of iShares MSCI USA Min Vol Factor ETF worth $14,900,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares during the last quarter. Jane Street Group LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 366.3% in the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock worth $3,323,000 after purchasing an additional 27,868 shares in the last quarter. Hsbc Holdings PLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $399,000. First Trust Advisors LP raised its holdings in iShares MSCI USA Min Vol Factor ETF by 39.0% during the 2nd quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after buying an additional 2,201 shares during the period. Finally, Qube Research & Technologies Ltd raised its holdings in iShares MSCI USA Min Vol Factor ETF by 465.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after buying an additional 201,483 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.0%

USMV stock opened at $99.69 on Thursday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $100.24. The firm has a 50-day moving average of $96.65 and a two-hundred day moving average of $95.47. The firm has a market capitalization of $25.44 billion, a PE ratio of 22.90 and a beta of 0.72.

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.