Franklin Resources Inc. Cuts Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Franklin Resources Inc. lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,141 shares of the company’s stock after selling 729 shares during the period. Franklin Resources Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,755,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. SpiderRock Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $629,000. Headlands Technologies LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $30,000. EdgeRock Capital LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after acquiring an additional 3,371 shares during the period. Banco Santander S.A. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.2% during the 2nd quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock valued at $8,329,000 after acquiring an additional 1,200 shares during the period. Finally, Cullen Frost Bankers Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 62,400.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 625 shares of the company’s stock worth $52,000 after purchasing an additional 624 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.0 %

iShares MSCI USA Min Vol Factor ETF stock opened at $89.41 on Tuesday. The business’s 50 day simple moving average is $92.14 and its 200 day simple moving average is $89.26. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company has a market cap of $26.20 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.