iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Milestone Investment Advisors LLC

Milestone Investment Advisors LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,608 shares of the company’s stock after selling 234 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 1.1% of Milestone Investment Advisors LLC’s portfolio, making the stock its 27th biggest holding. Milestone Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,227,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cynosure Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $3,202,000. National Bank of Canada FI grew its stake in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 4th quarter. National Bank of Canada FI now owns 26,222 shares of the company’s stock worth $2,328,000 after acquiring an additional 490 shares during the period. Franklin Resources Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 4th quarter. Franklin Resources Inc. now owns 62,406 shares of the company’s stock valued at $5,541,000 after acquiring an additional 265 shares during the last quarter. Riggs Capital Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $424,000. Finally, Summit Financial LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 101.4% during the fourth quarter. Summit Financial LLC now owns 30,159 shares of the company’s stock worth $2,678,000 after purchasing an additional 15,182 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.7 %

Shares of BATS:USMV opened at $93.69 on Thursday. The company has a market cap of $23.99 billion, a P/E ratio of 24.22 and a beta of 0.74. The business has a fifty day simple moving average of $92.87 and a 200-day simple moving average of $91.82. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $79.69 and a 52 week high of $95.12.

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.