Colton Groome Financial Advisors LLC Sells 1,204 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Colton Groome Financial Advisors LLC lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,236 shares of the company’s stock after selling 1,204 shares during the quarter. Colton Groome Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $605,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Cherry Tree Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock worth $1,350,000 after acquiring an additional 160 shares during the period. ARS Wealth Advisors Group LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.5% during the 4th quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock worth $39,946,000 after purchasing an additional 22,057 shares during the period. Ergawealth Advisors Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% during the 4th quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock worth $2,207,000 after purchasing an additional 696 shares during the period. EWA LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% during the 4th quarter. EWA LLC now owns 115,354 shares of the company’s stock worth $9,269,000 after purchasing an additional 9,725 shares during the period. Finally, White Pine Investment CO increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock worth $11,894,000 after purchasing an additional 668 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV traded down $0.23 on Monday, hitting $83.73. 1,999,206 shares of the company were exchanged. The company’s 50 day moving average price is $82.79 and its two-hundred day moving average price is $81.24. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm has a market capitalization of $24.53 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

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.