Certus Wealth Management LLC Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Certus Wealth Management LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,534 shares of the company’s stock after selling 200 shares during the quarter. Certus Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $981,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Symmetry Partners LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 70.8% during the fourth quarter. Symmetry Partners LLC now owns 218,295 shares of the company’s stock worth $19,382,000 after acquiring an additional 90,465 shares during the last quarter. VSM Wealth Advisory LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $27,000. Brooklyn FI LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $2,871,000. Thrivent Financial for Lutherans boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 155,737 shares of the company’s stock worth $14,012,000 after acquiring an additional 1,692 shares during the last quarter. Finally, Custos Family Office LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 6.5% during the fourth quarter. Custos Family Office LLC now owns 215,895 shares of the company’s stock worth $19,169,000 after acquiring an additional 13,251 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.7 %

Shares of USMV opened at $92.83 on Thursday. The firm has a market cap of $24.23 billion, a PE ratio of 24.03 and a beta of 0.77. The company’s fifty day moving average is $92.11 and its two-hundred day moving average is $91.64. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $79.69 and a fifty-two week high of $95.12.

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.