iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Holdings Trimmed by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,068 shares of the company’s stock after selling 1,416 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 1.0% of Mayflower Financial Advisors LLC’s investment portfolio, making the stock its 20th biggest holding. Mayflower Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,843,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of USMV. Kennedy Investment Group grew its position in iShares MSCI USA Min Vol Factor ETF by 21.0% in the fourth quarter. Kennedy Investment Group now owns 87,029 shares of the company’s stock worth $7,727,000 after acquiring an additional 15,084 shares in the last quarter. Perigon Wealth Management LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.9% during the 4th quarter. Perigon Wealth Management LLC now owns 64,708 shares of the company’s stock worth $5,805,000 after purchasing an additional 2,456 shares during the last quarter. Berkshire Bank increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10.7% during the 4th quarter. Berkshire Bank now owns 109,474 shares of the company’s stock worth $9,720,000 after purchasing an additional 10,593 shares during the last quarter. Sheridan Capital Management LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 4th quarter. Sheridan Capital Management LLC now owns 92,620 shares of the company’s stock worth $8,224,000 after purchasing an additional 1,711 shares during the last quarter. Finally, Strategic Wealth Investment Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $1,968,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.4 %

Shares of USMV opened at $91.69 on Wednesday. The company’s fifty day moving average is $90.98 and its 200-day moving average is $90.30. 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 has a market cap of $26.87 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.