PCA Investment Advisory Services Inc. Decreases Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

PCA Investment Advisory Services Inc. reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,208 shares of the company’s stock after selling 995 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.9% of PCA Investment Advisory Services Inc.’s investment portfolio, making the stock its 25th biggest holding. PCA Investment Advisory Services Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,883,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Hart & Patterson Financial Group LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 7.2% during the 4th quarter. Hart & Patterson Financial Group LLC now owns 5,394 shares of the company’s stock worth $479,000 after purchasing an additional 361 shares during the last quarter. Marcum Wealth LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.6% in the 4th quarter. Marcum Wealth LLC now owns 17,231 shares of the company’s stock valued at $1,530,000 after acquiring an additional 267 shares during the period. Unique Wealth LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $212,000. AdvisorNet Financial Inc lifted its position in iShares MSCI USA Min Vol Factor ETF by 8.2% during the 4th quarter. AdvisorNet Financial Inc now owns 5,947 shares of the company’s stock worth $528,000 after acquiring an additional 450 shares during the period. Finally, Granite Bay Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $259,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

iShares MSCI USA Min Vol Factor ETF stock opened at $88.17 on Tuesday. The stock has a 50-day moving average price of $91.41 and a 200 day moving average price of $89.84. The company has a market capitalization of $25.83 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45.

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.