iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 45,388 shares of the company’s stock after selling 174 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,145,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in USMV. O Shaughnessy Asset Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 26.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,883 shares of the company’s stock valued at $408,000 after purchasing an additional 1,033 shares during the last quarter. Waverly Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 607.5% during the 1st quarter. Waverly Advisors LLC now owns 20,165 shares of the company’s stock worth $1,685,000 after purchasing an additional 17,315 shares during the last quarter. Sweeney & Michel LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $1,386,000. Dynasty Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at about $83,046,000. Finally, B. Riley Wealth Advisors Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 150.0% during the first quarter. B. Riley Wealth Advisors Inc. now owns 139,929 shares of the company’s stock worth $11,695,000 after buying an additional 83,951 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $93.46 on Friday. The firm has a 50-day simple moving average of $91.64 and a two-hundred day simple moving average of $87.79. The stock has a market cap of $27.38 billion, a PE 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.