iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Lincoln National Corp

Lincoln National Corp lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 11.3% during the fourth quarter, HoldingsChannel reports. The firm owned 36,785 shares of the company’s stock after selling 4,666 shares during the quarter. Lincoln National Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,870,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of USMV. ARS Wealth Advisors Group LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 4.5% during the fourth quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock worth $39,946,000 after acquiring an additional 22,057 shares during the period. Ergawealth Advisors Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% in the fourth quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock valued at $2,207,000 after purchasing an additional 696 shares during the period. EWA LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 9.2% during the fourth quarter. EWA LLC now owns 115,354 shares of the company’s stock worth $9,269,000 after buying an additional 9,725 shares in the last quarter. White Pine Investment CO grew its position in iShares MSCI USA Min Vol Factor ETF by 0.4% during the fourth quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock worth $11,894,000 after buying an additional 668 shares during the period. Finally, Investment Advisory Group LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.8% during the fourth quarter. Investment Advisory Group LLC now owns 70,236 shares of the company’s stock worth $5,481,000 after buying an additional 1,263 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock traded up $0.51 during midday trading on Tuesday, reaching $82.11. 1,183,310 shares of the company traded hands. The firm’s 50 day simple moving average is $81.79 and its two-hundred day simple moving average is $78.82. The firm has a market cap of $24.06 billion, a PE 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.

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.