Nations Financial Group Inc. IA ADV Sells 326 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Nations Financial Group Inc. IA ADV lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,176 shares of the company’s stock after selling 326 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 0.7% of Nations Financial Group Inc. IA ADV’s portfolio, making the stock its 26th largest holding. Nations Financial Group Inc. IA ADV’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,512,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of USMV. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $30,000. Gleason Group Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $33,000. Strategic Financial Concepts LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $35,000. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock traded up $0.84 during trading hours on Monday, hitting $93.47. The company had a trading volume of 1,849,251 shares. The company has a 50-day moving average price of $91.26 and a two-hundred day moving average price of $87.03. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a market cap of $27.39 billion, a P/E ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company 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.