U.S. Capital Wealth Advisors LLC Cuts Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

U.S. Capital Wealth Advisors LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 16.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,815 shares of the company’s stock after selling 538 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $220,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in USMV. Ergawealth Advisors Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% in the 4th quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock valued at $2,207,000 after acquiring an additional 696 shares during the last quarter. White Pine Investment CO lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 4th quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock valued at $11,894,000 after acquiring an additional 668 shares during the last quarter. EWA LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% in the 4th quarter. EWA LLC now owns 115,354 shares of the company’s stock valued at $9,269,000 after acquiring an additional 9,725 shares during the last quarter. Investment Advisory Group LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the 4th quarter. Investment Advisory Group LLC now owns 70,236 shares of the company’s stock valued at $5,481,000 after acquiring an additional 1,263 shares during the last quarter. Finally, Confluence Wealth Services Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $4,176,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $82.14 on Thursday. The company has a market cap of $24.07 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a 50-day simple moving average of $81.81 and a two-hundred day simple moving average of $78.91.

iShares MSCI USA Min Vol Factor ETF 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.