iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by LongView Wealth Management

LongView Wealth Management lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,204 shares of the company’s stock after selling 236 shares during the quarter. LongView Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $995,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of USMV. PNC Financial Services Group Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after acquiring an additional 91,948 shares during the period. LPL Financial LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after purchasing an additional 21,739 shares during the period. Cerity Partners LLC raised its stake 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 purchasing an additional 17,264 shares during the last quarter. Finally, Financial Advisors LLC boosted its position 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 buying an additional 16,576 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 1.4 %

Shares of BATS USMV opened at $89.87 on Friday. The company has a 50 day simple moving average of $91.16 and a two-hundred day simple moving average of $89.90. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a market cap of $26.33 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.