Consolidated Planning Corp Sells 620 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Consolidated Planning Corp lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,194 shares of the company’s stock after selling 620 shares during the quarter. Consolidated Planning Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,935,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Raymond James & Associates grew its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after buying an additional 146,632 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after buying an additional 182,050 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after acquiring an additional 31,625 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% in the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after purchasing an additional 1,384,833 shares in the last quarter. Finally, Financial Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock valued at $101,282,000 after purchasing an additional 16,576 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $92.63 on Friday. The company has a 50 day simple moving average of $91.22 and a 200 day simple moving average of $86.91. The stock has a market cap of $27.14 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. 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.