iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Holdings Cut by Adaptive Financial Consulting LLC

Adaptive Financial Consulting LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 225,008 shares of the company’s stock after selling 1,252 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 8.3% of Adaptive Financial Consulting LLC’s holdings, making the stock its 4th biggest holding. Adaptive Financial Consulting LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $19,978,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after buying an additional 91,948 shares during the period. LPL Financial LLC grew its holdings 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 worth $489,205,000 after purchasing an additional 346,414 shares during the last quarter. Millburn Ridgefield Corp grew its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the third quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after purchasing an additional 17,264 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

BATS USMV opened at $93.06 on Friday. The firm’s fifty day simple moving average is $90.80 and its two-hundred day simple moving average is $91.08. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm has a market capitalization of $27.27 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.