Creekmur Asset Management LLC Cuts Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Creekmur Asset Management LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,711 shares of the company’s stock after selling 451 shares during the period. Creekmur Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $27,000. Howe & Rusling Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% during the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after purchasing an additional 146 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $28,000. AlphaMark Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $30,000. Finally, Valued Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.56 on Wednesday. The business has a 50 day simple moving average of $92.81 and a two-hundred day simple moving average of $91.81. The stock has a market capitalization of $23.96 billion, a P/E ratio of 24.22 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $79.69 and a 12 month high of $95.12.

iShares MSCI USA Min Vol Factor ETF 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.