Cardinal Strategic Wealth Guidance Decreases Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cardinal Strategic Wealth Guidance lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,301 shares of the company’s stock after selling 7,036 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.2% of Cardinal Strategic Wealth Guidance’s holdings, making the stock its 15th biggest position. Cardinal Strategic Wealth Guidance’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,845,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Sovran Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $670,000. Stonebridge Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $28,000. BostonPremier Wealth LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $803,000. Focus Financial Network Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the fourth quarter. Focus Financial Network Inc. now owns 45,464 shares of the company’s stock valued at $4,037,000 after purchasing an additional 139 shares in the last quarter. Finally, Sapient Capital LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 25.2% in the fourth quarter. Sapient Capital LLC now owns 22,006 shares of the company’s stock valued at $1,954,000 after purchasing an additional 4,427 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.0 %

iShares MSCI USA Min Vol Factor ETF stock opened at $93.08 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The firm’s fifty day moving average is $90.76 and its 200 day moving average is $90.66. The company has a market cap of $27.27 billion, a price-to-earnings 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.