iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,540 shares of the company’s stock after selling 2,331 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,056,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Aveo Capital Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 22.8% during the fourth quarter. Aveo Capital Partners LLC now owns 6,821 shares of the company’s stock worth $532,000 after purchasing an additional 1,265 shares during the last quarter. Natixis Advisors L.P. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $938,000. Fisher Asset Management LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 3.4% during the fourth quarter. Fisher Asset Management LLC now owns 4,554 shares of the company’s stock worth $355,000 after purchasing an additional 151 shares during the last quarter. Howe & Rusling Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 185.0% in the fourth quarter. Howe & Rusling Inc. now owns 2,180 shares of the company’s stock valued at $170,000 after buying an additional 1,415 shares during the last quarter. Finally, Andina Capital Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $1,353,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

Shares of BATS USMV opened at $81.62 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The stock has a 50 day moving average of $81.79 and a two-hundred day moving average of $78.82. The stock has a market cap of $23.91 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.