iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stake Cut by Valmark Advisers Inc.

Valmark Advisers Inc. cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 212,211 shares of the company’s stock after selling 10,565 shares during the quarter. Valmark Advisers Inc. owned 0.06% of iShares MSCI USA Min Vol Factor ETF worth $16,559,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in USMV. FMR LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 51.5% during the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after purchasing an additional 9,059,409 shares during the last quarter. Catalyst Capital Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $259,275,000. Envestnet Portfolio Solutions Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $246,963,000. International Assets Investment Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $216,845,000. Finally, PNC Financial Services Group Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 54.4% in the third quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock valued at $383,689,000 after buying an additional 1,867,739 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4 %

USMV stock traded down $0.29 during mid-day trading on Friday, reaching $80.93. The company had a trading volume of 2,421,659 shares. The stock has a market capitalization of $23.66 billion, a P/E ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock’s 50-day simple moving average is $81.80 and its two-hundred day simple moving average is $78.45.

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.