Milestones Private Investment Advisors LLC Cuts Position in iShares MSCI USA Min Vol Factor ETF $USMV

Milestones Private Investment Advisors LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 47.4% during the first quarter, HoldingsChannel.com reports. The fund owned 8,610 shares of the company’s stock after selling 7,772 shares during the quarter. Milestones Private Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $798,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of USMV. Morgan Stanley boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% during the 4th quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock valued at $1,434,701,000 after acquiring an additional 465,870 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the third quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock valued at $1,312,418,000 after purchasing an additional 98,221 shares in the last quarter. Raymond James Financial Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 1.9% in the fourth quarter. Raymond James Financial Inc. now owns 13,773,118 shares of the company’s stock worth $1,296,877,000 after purchasing an additional 251,970 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 2.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock worth $659,752,000 after purchasing an additional 145,843 shares during the last quarter. Finally, Catalyst Capital Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 13.0% during the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after purchasing an additional 489,637 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.1%

iShares MSCI USA Min Vol Factor ETF stock opened at $97.82 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.73. The firm’s fifty day moving average is $95.90 and its 200 day moving average is $95.12. The company has a market cap of $24.96 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.