ProVise Management Group LLC Sells 440 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

ProVise Management Group LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,626 shares of the company’s stock after selling 440 shares during the period. ProVise Management Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $855,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in USMV. Oppenheimer & Co. Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 21.7% during the third quarter. Oppenheimer & Co. Inc. now owns 7,447 shares of the company’s stock worth $680,000 after acquiring an additional 1,326 shares in the last quarter. Strategy Asset Managers LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 8.9% in the third quarter. Strategy Asset Managers LLC now owns 18,758 shares of the company’s stock valued at $1,713,000 after purchasing an additional 1,534 shares in the last quarter. First Horizon Advisors Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 63.2% in the third quarter. First Horizon Advisors Inc. now owns 2,685 shares of the company’s stock valued at $245,000 after purchasing an additional 1,040 shares in the last quarter. LPL Financial LLC grew its position in 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 in the last quarter. Finally, Banco Santander S.A. grew its position in iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Banco Santander S.A. now owns 100,623 shares of the company’s stock valued at $9,188,000 after purchasing an additional 1,424 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.7 %

iShares MSCI USA Min Vol Factor ETF stock opened at $92.83 on Thursday. The company has a market cap of $24.23 billion, a P/E ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $79.69 and a 1-year high of $95.12. The company has a fifty day simple moving average of $92.11 and a 200 day simple moving average of $91.64.

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.