Investment Advisory Group LLC Trims Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Investment Advisory Group LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 69,524 shares of the company’s stock after selling 359 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 2.1% of Investment Advisory Group LLC’s portfolio, making the stock its 10th largest holding. Investment Advisory Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,173,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of USMV. Carrera Capital Advisors purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $33,148,000. LPL Financial LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after buying an additional 346,414 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $18,422,000. Bank of Montreal Can raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% during the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after buying an additional 213,145 shares in the last quarter. Finally, Magnolia Capital Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 867.8% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock valued at $18,463,000 after acquiring an additional 197,175 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.3 %

BATS USMV opened at $90.68 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm has a market capitalization of $26.57 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a fifty day moving average of $91.09 and a two-hundred day moving average of $90.03.

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.