iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Advisory Services Network LLC

Advisory Services Network LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 35.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,309 shares of the company’s stock after selling 28,735 shares during the quarter. Advisory Services Network LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,082,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. WealthPlan Investment Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 316,966.7% during the 3rd quarter. WealthPlan Investment Management LLC now owns 9,512 shares of the company’s stock worth $688,000 after purchasing an additional 9,509 shares during the period. Catalyst Capital Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $259,275,000. Empower Advisory Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $267,000. Wealthspire Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 16.6% in the 3rd quarter. Wealthspire Advisors LLC now owns 5,435 shares of the company’s stock worth $394,000 after acquiring an additional 772 shares during the period. Finally, Fermata Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $402,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV traded up $0.14 on Friday, reaching $83.02. The company had a trading volume of 909,451 shares. The firm has a market capitalization of $24.32 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a 50-day moving average of $82.12 and a 200-day moving average of $79.85.

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.