McKinley Carter Wealth Services Inc. Sells 725 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

McKinley Carter Wealth Services Inc. cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,009 shares of the company’s stock after selling 725 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $356,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after buying an additional 91,948 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares during the last quarter. Cerity Partners LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the third quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock valued at $194,871,000 after purchasing an additional 17,264 shares during the last quarter. Finally, Financial Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after purchasing an additional 16,576 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $91.52 on Thursday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm has a market cap of $26.81 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm has a 50-day simple moving average of $90.98 and a two-hundred day simple moving average of $90.30.

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.