Silver Oak Securities Incorporated Sells 24,813 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Silver Oak Securities Incorporated reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 78.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,697 shares of the company’s stock after selling 24,813 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $594,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. AlphaMark Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $30,000. Valued Wealth Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $30,000. Sound Income Strategies LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after buying an additional 143 shares in the last quarter. Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $38,000. Finally, Bfsg LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $92.73 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a 50-day moving average of $90.80 and a 200 day moving average of $90.55. The stock has a market cap of $27.17 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.