iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Holdings Lessened by Financial Life Advisors

Financial Life Advisors cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 16.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,069 shares of the company’s stock after selling 3,068 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.5% of Financial Life Advisors’ holdings, making the stock its 23rd largest position. Financial Life Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,338,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after acquiring an additional 91,948 shares in the last quarter. LPL Financial LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares during the last quarter. Cerity Partners LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after purchasing an additional 17,264 shares in the last quarter. Finally, Financial Advisors LLC lifted 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 buying an additional 16,576 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $92.73 on Friday. The company has a market capitalization of $27.17 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock’s 50 day moving average price is $90.76 and its 200 day moving average price is $90.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45.

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.