Family Capital Trust Co Decreases Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Family Capital Trust Co reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,877 shares of the company’s stock after selling 3,850 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 2.3% of Family Capital Trust Co’s investment portfolio, making the stock its 14th biggest position. Family Capital Trust Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,747,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. WBH Advisory Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the second quarter. WBH Advisory Inc. now owns 10,322 shares of the company’s stock worth $969,000 after buying an additional 246 shares in the last quarter. Balboa Wealth Partners purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $233,000. Forvis Mazars Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.0% in the second quarter. Forvis Mazars Wealth Advisors LLC now owns 21,084 shares of the company’s stock worth $1,979,000 after buying an additional 618 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.6% in the second quarter. Chicago Partners Investment Group LLC now owns 11,878 shares of the company’s stock worth $1,116,000 after buying an additional 192 shares in the last quarter. Finally, Arcus Capital Partners LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the second quarter. Arcus Capital Partners LLC now owns 21,911 shares of the company’s stock worth $2,057,000 after buying an additional 899 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.1%

BATS:USMV opened at $94.09 on Monday. The company has a market capitalization of $24.01 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The business’s 50-day moving average is $94.13 and its 200 day moving average is $92.90.

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.