Truist Financial Corp Decreases Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Truist Financial Corp reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 30.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 301,087 shares of the company’s stock after selling 129,195 shares during the period. Truist Financial Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $26,734,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $28,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $30,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $30,000. Sound Income Strategies LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after buying an additional 143 shares during the period. Finally, Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $93.15 on Wednesday. The company has a market capitalization of $27.29 billion, a PE ratio of 25.30 and a beta of 0.59. The company has a fifty day moving average of $90.69 and a 200 day moving average of $90.94. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year 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.