Carrera Capital Advisors Has $29.52 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Carrera Capital Advisors lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 36.3% during the fourth quarter, HoldingsChannel reports. The fund owned 332,458 shares of the company’s stock after selling 189,317 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 6.9% of Carrera Capital Advisors’ investment portfolio, making the stock its 3rd biggest holding. Carrera Capital Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $29,519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in USMV. QRG Capital Management Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 15.6% during the 3rd quarter. QRG Capital Management Inc. now owns 5,494 shares of the company’s stock worth $502,000 after acquiring an additional 742 shares during the last quarter. Alterna Wealth Management Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 40.4% during the third quarter. Alterna Wealth Management Inc. now owns 8,003 shares of the company’s stock valued at $731,000 after purchasing an additional 2,303 shares in the last quarter. Clarity Capital Partners LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $214,000. James J. Burns & Company LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $228,000. Finally, United Advisor Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $645,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.3 %

iShares MSCI USA Min Vol Factor ETF stock opened at $93.30 on Wednesday. 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’s 50 day moving average price is $91.37 and its two-hundred day moving average price is $91.47. The stock has a market cap of $23.71 billion, a P/E ratio of 24.43 and a beta of 0.79.

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.