The Manufacturers Life Insurance Company reduced its position in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 3.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 6,800,347 shares of the company’s stock after selling 238,793 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in iShares Edge MSCI Min Vol USA ETF were worth $358,923,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. Wells Fargo & Company MN increased its position in shares of iShares Edge MSCI Min Vol USA ETF by 4.5% during the fourth quarter. Wells Fargo & Company MN now owns 6,904,812 shares of the company’s stock valued at $364,435,000 after buying an additional 298,705 shares during the period. Carroll Financial Associates Inc. increased its position in shares of iShares Edge MSCI Min Vol USA ETF by 1.1% during the fourth quarter. Carroll Financial Associates Inc. now owns 1,863,931 shares of the company’s stock valued at $98,378,000 after buying an additional 19,633 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Edge MSCI Min Vol USA ETF by 3.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,705,848 shares of the company’s stock valued at $90,034,000 after buying an additional 59,925 shares during the period. Financial Advisory Service Inc. grew its holdings in shares of iShares Edge MSCI Min Vol USA ETF by 0.3% during the fourth quarter. Financial Advisory Service Inc. now owns 1,017,780 shares of the company’s stock worth $53,718,000 after purchasing an additional 2,911 shares in the last quarter. Finally, Cetera Advisors LLC grew its holdings in shares of iShares Edge MSCI Min Vol USA ETF by 14.3% during the fourth quarter. Cetera Advisors LLC now owns 940,264 shares of the company’s stock worth $49,629,000 after purchasing an additional 117,486 shares in the last quarter.

iShares Edge MSCI Min Vol USA ETF (BATS:USMV) opened at $51.52 on Wednesday. iShares Edge MSCI Min Vol USA ETF has a twelve month low of $46.45 and a twelve month high of $55.45.

COPYRIGHT VIOLATION WARNING: This report was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this report on another publication, it was illegally copied and reposted in violation of United States & international trademark & copyright laws. The legal version of this report can be viewed at https://theolympiareport.com/2018/02/14/the-manufacturers-life-insurance-company-lowers-position-in-ishares-edge-msci-min-vol-usa-etf-usmv.html.

Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Edge MSCI Min Vol USA ETF (BATS:USMV).

Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

Receive News & Ratings for iShares Edge MSCI Min Vol USA ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Edge MSCI Min Vol USA ETF and related companies with MarketBeat.com's FREE daily email newsletter.