Financial Sense Advisors Inc. Sells 357 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Financial Sense Advisors Inc. lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,976 shares of the company’s stock after selling 357 shares during the period. Financial Sense Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $797,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Stonebridge Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $28,000. AlphaMark Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $30,000. Valued Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $30,000. Sound Income Strategies LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares in the last quarter. Finally, Fortitude Family Office LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.7 %

USMV opened at $93.71 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a market cap of $27.46 billion, a P/E ratio of 25.30 and a beta of 0.59. The firm’s 50-day moving average price is $90.74 and its 200-day moving average price is $91.01.

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.