CFS Investment Advisory Services LLC Trims Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

CFS Investment Advisory Services LLC trimmed its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 20,322 shares of the company’s stock after selling 249 shares during the period. CFS Investment Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,856,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% during the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after buying an additional 111 shares in the last quarter. Asset Dedication LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after purchasing an additional 121 shares during the period. Sensible Money LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.4% during the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after purchasing an additional 121 shares during the period. Sage Capital Advisors llc increased its position in iShares MSCI USA Min Vol Factor ETF by 2.4% during the 2nd quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after purchasing an additional 123 shares during the period. Finally, Foster Victor Wealth Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 4.8% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after purchasing an additional 123 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.1 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.96 on Friday. The firm’s 50 day moving average price is $91.60 and its 200-day moving average price is $87.70. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a market cap of $27.24 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.