Verus Capital Partners LLC Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Verus Capital Partners LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 112,823 shares of the company’s stock after selling 1,096 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 0.9% of Verus Capital Partners LLC’s investment portfolio, making the stock its 16th biggest position. Verus Capital Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,018,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Stonebridge Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $28,000. AlphaMark Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $30,000. Valued Wealth Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $30,000. Sound Income Strategies LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after purchasing an additional 143 shares during the period. Finally, Fortitude Family Office LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.38 on Friday. The stock has a market cap of $23.73 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. The firm has a 50 day simple moving average of $91.07 and a 200-day simple moving average of $91.29. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.