AlphaStar Capital Management LLC Sells 411 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

AlphaStar Capital Management LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,142 shares of the company’s stock after selling 411 shares during the quarter. AlphaStar Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $457,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of USMV. Thompson Investment Management Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $347,000. Moloney Securities Asset Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% during the 4th quarter. Moloney Securities Asset Management LLC now owns 73,228 shares of the company’s stock valued at $6,502,000 after purchasing an additional 443 shares during the last quarter. Advisors Preferred LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $438,000. Realta Investment Advisors acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $108,000. Finally, Barrett & Company Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 2.6% during the 4th quarter. Barrett & Company Inc. now owns 149,741 shares of the company’s stock worth $13,296,000 after buying an additional 3,774 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $92.73 on Monday. The firm has a market capitalization of $27.17 billion, a P/E ratio of 25.30 and a beta of 0.59. The business’s 50-day moving average is $90.76 and its 200 day moving average is $90.63. 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.