Montecito Bank & Trust Trims Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Montecito Bank & Trust trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.5% in the 4th quarter, HoldingsChannel reports. The firm owned 47,119 shares of the company’s stock after selling 695 shares during the quarter. Montecito Bank & Trust’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,184,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. High Probability Advisors LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 4th quarter. High Probability Advisors LLC now owns 340,380 shares of the company’s stock valued at $30,222,000 after acquiring an additional 4,920 shares during the period. Yeomans Consulting Group Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% in the fourth quarter. Yeomans Consulting Group Inc. now owns 35,032 shares of the company’s stock worth $3,110,000 after buying an additional 839 shares in the last quarter. Apeiron RIA LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 7.2% in the 4th quarter. Apeiron RIA LLC now owns 9,758 shares of the company’s stock valued at $866,000 after acquiring an additional 655 shares in the last quarter. Mutual Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Mutual Advisors LLC now owns 35,360 shares of the company’s stock valued at $3,172,000 after buying an additional 1,759 shares during the last quarter. Finally, Independent Wealth Network Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% during the 4th quarter. Independent Wealth Network Inc. now owns 3,091 shares of the company’s stock valued at $274,000 after acquiring an additional 208 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.6 %

USMV opened at $90.95 on Friday. The firm has a 50 day moving average price of $90.99 and a 200-day moving average price of $90.08. The stock has a market capitalization of $26.65 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.