Yarger Wealth Strategies LLC Lowers Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Yarger Wealth Strategies LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,114 shares of the company’s stock after selling 910 shares during the quarter. Yarger Wealth Strategies LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,164,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after purchasing an additional 91,948 shares during the last quarter. LPL Financial LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after buying an additional 346,414 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after acquiring an additional 21,739 shares during the last quarter. Cerity Partners LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the third quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after acquiring an additional 17,264 shares during the last quarter. Finally, Financial Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock valued at $101,282,000 after purchasing an additional 16,576 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $89.68 on Friday. The firm has a market capitalization of $26.28 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a 50 day moving average price of $91.23 and a 200 day moving average price of $89.86.

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.