Moors & Cabot Inc. Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Moors & Cabot Inc. trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 10,405 shares of the company’s stock after selling 146 shares during the period. Moors & Cabot Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $924,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wealthfront Advisers LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1,034.1% during the fourth quarter. Wealthfront Advisers LLC now owns 57,747 shares of the company’s stock valued at $5,456,000 after acquiring an additional 52,655 shares during the last quarter. Sage Mountain Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.7% during the fourth quarter. Sage Mountain Advisors LLC now owns 18,047 shares of the company’s stock valued at $1,602,000 after acquiring an additional 1,294 shares during the last quarter. Vista Investment Partners II LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $307,000. Independent Advisor Alliance purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $17,861,000. Finally, Johnson Investment Counsel Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.2% during the fourth quarter. Johnson Investment Counsel Inc. now owns 1,181,625 shares of the company’s stock valued at $104,917,000 after acquiring an additional 69,376 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 2.5 %

Shares of USMV opened at $90.90 on Friday. The stock has a 50 day moving average of $91.80 and a 200 day moving average of $91.58. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company has a market capitalization of $23.10 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.

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.