TRUE Private Wealth Advisors Decreases Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

TRUE Private Wealth Advisors cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 50.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,068 shares of the company’s stock after selling 6,176 shares during the quarter. TRUE Private Wealth Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $473,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in USMV. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $26,000. Horrell Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $27,000. Global Trust Asset Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $27,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $28,000. Finally, Stonebridge Capital Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 180.4% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock valued at $29,000 after buying an additional 258 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.0 %

Shares of BATS USMV opened at $79.90 on Thursday. The firm has a market capitalization of $23.36 billion, a P/E ratio of 25.31 and a beta of 0.59. The stock’s 50-day simple moving average is $81.72 and its two-hundred day simple moving average is $78.02. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month 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.