iShares MSCI USA Min Vol Factor ETF $USMV Stock: Guardian Asset Advisors LLC Cuts Stake

Guardian Asset Advisors LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 28.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 32,200 shares of the company’s stock after selling 13,080 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 1.4% of Guardian Asset Advisors LLC’s investment portfolio, making the stock its 19th largest position. Guardian Asset Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,137,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Delta Wealth Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.3% during the first quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock valued at $3,403,000 after buying an additional 108 shares during the last quarter. Mcmorgan & Co. LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 0.4% in the first quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock worth $2,619,000 after acquiring an additional 108 shares during the period. KW Wealth Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock worth $1,276,000 after acquiring an additional 109 shares during the last quarter. Bayban boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the 1st quarter. Bayban now owns 4,797 shares of the company’s stock worth $445,000 after acquiring an additional 120 shares during the last quarter. Finally, Post Resch Tallon Group Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 2nd quarter. Post Resch Tallon Group Inc. now owns 8,038 shares of the company’s stock worth $775,000 after acquiring an additional 150 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock traded down $0.32 during mid-day trading on Friday, reaching $101.26. 1,838,469 shares of the company’s stock traded hands, compared to its average volume of 2,285,757. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $102.21. The firm has a 50 day moving average price of $100.07 and a two-hundred day moving average price of $97.24. The firm has a market capitalization of $25.84 billion, a PE ratio of 22.90 and a beta of 0.72.

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.