Armstrong Advisory Group Inc. Decreases Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Armstrong Advisory Group Inc. decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,807 shares of the company’s stock after selling 155 shares during the period. Armstrong Advisory Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,048,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Carrera Capital Advisors purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $33,148,000. LPL Financial LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $18,422,000. Bank of Montreal Can lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 572.4% during the 2nd quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after buying an additional 213,145 shares in the last quarter. Finally, Magnolia Capital Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 867.8% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock worth $18,463,000 after buying an additional 197,175 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $89.18 on Thursday. The stock has a market capitalization of $26.13 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company’s fifty day simple moving average is $91.29 and its two-hundred day simple moving average is $89.86. 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 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.