iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 26.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 212,104 shares of the company’s stock after selling 75,856 shares during the period. Alliancebernstein L.P.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $18,833,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of USMV. VSM Wealth Advisory LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $27,000. Howe & Rusling Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% in the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after acquiring an additional 146 shares during the period. Stonebridge Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $28,000. AlphaMark Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $30,000. Finally, Valued Wealth Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 2.7 %

Shares of BATS:USMV opened at $86.21 on Tuesday. The company has a 50-day moving average price of $92.71 and a 200 day moving average price of $91.77. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $79.69 and a 52 week high of $95.12. The company has a market cap of $22.08 billion, a P/E ratio of 24.22 and a beta of 0.74.

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.