Cadence Bank Lowers Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cadence Bank lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 18.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,554 shares of the company’s stock after selling 817 shares during the quarter. Cadence Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $26,000. SYM FINANCIAL Corp raised its position in iShares MSCI USA Min Vol Factor ETF by 232.9% in the 4th quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after buying an additional 340 shares during the last quarter. Naples Money Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $41,000. Criterion Capital Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $42,000. Finally, ESL Trust Services LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $51,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 1.1 %

BATS:USMV traded up $0.93 during mid-day trading on Friday, reaching $86.38. The company’s stock had a trading volume of 1,438,318 shares. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm’s fifty day moving average price is $83.98 and its two-hundred day moving average price is $82.13. The stock has a market cap of $25.31 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.