iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stake Cut by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 19.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,430 shares of the company’s stock after selling 15,668 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,830,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. PNC Financial Services Group Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after purchasing an additional 91,948 shares during the period. LPL Financial LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after buying an additional 346,414 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after acquiring an additional 21,739 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock valued at $194,871,000 after acquiring an additional 17,264 shares in the last quarter. Finally, Financial Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after acquiring an additional 16,576 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 2.6 %

USMV opened at $90.97 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock has a fifty day moving average price of $90.96 and a 200 day moving average price of $90.21. The stock has a market cap 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 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.