Mainstream Capital Management LLC Sells 231 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mainstream Capital Management LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,289 shares of the company’s stock after selling 231 shares during the period. Mainstream Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $558,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Anchor Investment Management LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the period. Flputnam Investment Management Co. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% during the 4th quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock valued at $263,000 after purchasing an additional 123 shares during the period. Mcdonald Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 4th quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after purchasing an additional 125 shares during the period. Aveo Capital Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the 4th quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock valued at $319,000 after purchasing an additional 129 shares during the period. Finally, First Bank & Trust raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the 4th quarter. First Bank & Trust now owns 5,338 shares of the company’s stock valued at $474,000 after purchasing an additional 133 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $94.37 on Tuesday. The company has a market capitalization of $23.98 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company’s fifty day moving average price is $91.29 and its 200-day moving average price is $91.44.

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.