Strategy Asset Managers LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 4.4% during the 4th quarter, HoldingsChannel reports. The firm owned 17,942 shares of the company’s stock after selling 816 shares during the period. Strategy Asset Managers LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,593,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the stock. VSM Wealth Advisory LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $27,000. Howe & Rusling Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 94.2% in the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock valued at $27,000 after purchasing an additional 146 shares during the period. Stonebridge Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $28,000. AlphaMark Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000. Finally, Valued Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $30,000.
iShares MSCI USA Min Vol Factor ETF Stock Performance
USMV opened at $92.75 on Friday. The firm has a market cap of $24.21 billion, a P/E ratio of 24.03 and a beta of 0.77. The firm has a 50-day moving average of $92.67 and a 200 day moving average of $91.75. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $79.69 and a fifty-two week high of $95.12.
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.
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