Financial Sense Advisors Inc. Trims Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Financial Sense Advisors Inc. lessened its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 3.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,976 shares of the company’s stock after selling 357 shares during the quarter. Financial Sense Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $797,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $28,000. AlphaMark Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000. Valued Wealth Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $30,000. Sound Income Strategies LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after purchasing an additional 143 shares during the last quarter. Finally, Fortitude Family Office LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $93.71 on Thursday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a 50-day simple moving average of $90.74 and a 200-day simple moving average of $91.01. The stock has a market capitalization of $27.46 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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