Spectrum Wealth Counsel LLC Cuts Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Spectrum Wealth Counsel LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,482 shares of the company’s stock after selling 218 shares during the quarter. Spectrum Wealth Counsel LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $132,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after acquiring an additional 91,948 shares in the last quarter. LPL Financial LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after acquiring an additional 346,414 shares in the last quarter. Millburn Ridgefield Corp raised its position in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after acquiring an additional 180,849 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after acquiring an additional 21,739 shares in the last quarter. Finally, Cerity Partners LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 0.8% in the third quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after acquiring an additional 17,264 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $94.60 on Friday. The stock has a fifty day moving average price of $91.19 and a two-hundred day moving average price of $91.34. The stock has a market capitalization of $24.04 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year 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.