Prospera Financial Services Inc Sells 1,167 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Prospera Financial Services Inc decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 85,863 shares of the company’s stock after selling 1,167 shares during the period. Prospera Financial Services Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,842,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 26.8% during the first quarter. O Shaughnessy Asset Management LLC now owns 4,883 shares of the company’s stock worth $408,000 after buying an additional 1,033 shares in the last quarter. CreativeOne Wealth LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 14.8% during the 1st quarter. CreativeOne Wealth LLC now owns 152,894 shares of the company’s stock worth $12,779,000 after acquiring an additional 19,675 shares during the last quarter. Steel Grove Capital Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $202,000. Kestra Advisory Services LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 5.9% in the 1st quarter. Kestra Advisory Services LLC now owns 326,659 shares of the company’s stock valued at $27,302,000 after purchasing an additional 18,081 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $4,611,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $91.49 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock has a market capitalization of $26.81 billion, a PE ratio of 25.30 and a beta of 0.59. The stock’s fifty day moving average is $91.47 and its 200-day moving average is $87.49.

About iShares MSCI USA Min Vol Factor ETF

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.