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

Verdence Capital Advisors LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,023 shares of the company’s stock after selling 1,059 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,334,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of USMV. QRG Capital Management Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 15.6% during the 3rd quarter. QRG Capital Management Inc. now owns 5,494 shares of the company’s stock worth $502,000 after buying an additional 742 shares during the last quarter. United Advisor Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $645,000. JFG Wealth Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $791,000. Flagship Private Wealth LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 12.1% in the 3rd quarter. Flagship Private Wealth LLC now owns 128,139 shares of the company’s stock valued at $11,700,000 after purchasing an additional 13,803 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2,578.5% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 173,645 shares of the company’s stock valued at $15,856,000 after purchasing an additional 167,162 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.8 %

Shares of USMV opened at $93.76 on Thursday. The company has a 50-day simple moving average of $91.44 and a 200-day simple moving average of $91.48. The company has a market capitalization of $23.82 billion, a PE ratio of 24.43 and a beta of 0.79. 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.