iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 4.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,290,762 shares of the company’s stock after selling 65,650 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 2.9% of Securian Asset Management Inc.’s investment portfolio, making the stock its 4th largest holding. Securian Asset Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $100,718,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Financial Advocates Investment Management raised its stake in iShares MSCI USA Min Vol Factor ETF by 62.5% during the 4th quarter. Financial Advocates Investment Management now owns 99,911 shares of the company’s stock worth $8,578,000 after buying an additional 38,442 shares during the period. New Century Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $1,131,000. OMNI 360 Wealth Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $641,000. Facet Wealth Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 82.5% in the 4th quarter. Facet Wealth Inc. now owns 201,836 shares of the company’s stock valued at $16,153,000 after purchasing an additional 91,222 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 19.8% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 5,662 shares of the company’s stock valued at $442,000 after purchasing an additional 935 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.2 %

USMV traded up $0.19 during trading on Friday, hitting $84.07. 1,292,592 shares of the company’s stock were exchanged. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a market cap of $24.63 billion, a P/E ratio of 25.30 and a beta of 0.59. The business’s 50 day moving average is $82.02 and its two-hundred day moving average is $79.49.

iShares MSCI USA Min Vol Factor ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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