Nations Financial Group Inc. IA ADV Sells 9,908 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Nations Financial Group Inc. IA ADV lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,717 shares of the company’s stock after selling 9,908 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.7% of Nations Financial Group Inc. IA ADV’s portfolio, making the stock its 24th largest position. Nations Financial Group Inc. IA ADV’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,485,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Brighton Jones LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after acquiring an additional 1,291 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% in the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock worth $3,323,000 after purchasing an additional 27,868 shares during the period. Sovran Advisors LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 71.7% in the 2nd quarter. Sovran Advisors LLC now owns 12,118 shares of the company’s stock worth $1,134,000 after purchasing an additional 5,062 shares during the period. Signal Advisors Wealth LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 4.8% in the second quarter. Signal Advisors Wealth LLC now owns 14,577 shares of the company’s stock valued at $1,368,000 after purchasing an additional 665 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 22.8% during the second quarter. NorthCrest Asset Manangement LLC now owns 10,147 shares of the company’s stock valued at $955,000 after purchasing an additional 1,887 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $94.47 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The stock’s fifty day moving average price is $94.31 and its two-hundred day moving average price is $93.98. The firm has a market cap of $24.11 billion, a PE ratio of 22.90 and a beta of 0.72.

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.