Ameritas Advisory Services LLC Reduces Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ameritas Advisory Services LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 31.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 63,147 shares of the company’s stock after selling 28,729 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,607,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. SpiderRock Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $629,000. EdgeRock Capital LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after buying an additional 3,371 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock valued at $57,937,000 after buying an additional 43,846 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock worth $19,494,000 after buying an additional 1,785 shares during the last quarter. Finally, Gateway Wealth Partners LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the second quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock worth $4,201,000 after acquiring an additional 2,304 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $89.87 on Friday. The company has a market cap of $26.33 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business’s 50-day moving average is $91.16 and its two-hundred day moving average is $89.94. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.