iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Latitude Advisors LLC

Latitude Advisors LLC decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,082 shares of the company’s stock after selling 469 shares during the period. Latitude Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $397,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of USMV. Ergawealth Advisors Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% during the 4th quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock worth $2,207,000 after purchasing an additional 696 shares during the period. White Pine Investment CO boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock worth $11,894,000 after purchasing an additional 668 shares during the period. Confluence Wealth Services Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $4,176,000. Investment Advisory Group LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.8% during the 4th quarter. Investment Advisory Group LLC now owns 70,236 shares of the company’s stock worth $5,481,000 after purchasing an additional 1,263 shares during the period. Finally, Ancora Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.8% during the 3rd quarter. Ancora Advisors LLC now owns 138,773 shares of the company’s stock worth $10,044,000 after purchasing an additional 2,482 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.1 %

BATS:USMV traded down $0.06 during trading hours on Wednesday, reaching $79.92. 3,699,018 shares of the company’s stock were exchanged. The firm has a market capitalization of $23.37 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. The company has a 50-day moving average of $81.73 and a 200 day moving average of $78.01. 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 Company 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.