PDS Planning Inc Lowers Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

PDS Planning Inc trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,486 shares of the company’s stock after selling 1,418 shares during the period. PDS Planning Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $584,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in USMV. FMR LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% in the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after purchasing an additional 9,059,409 shares during the last quarter. Catalyst Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $259,275,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $246,963,000. International Assets Investment Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $216,845,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 54.4% in the third quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock worth $383,689,000 after purchasing an additional 1,867,739 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock traded up $0.37 during trading hours on Tuesday, hitting $80.87. The stock had a trading volume of 2,632,356 shares. The stock’s 50-day moving average price is $81.73 and its two-hundred day moving average price is $78.25. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock has a market capitalization of $23.65 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59.

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.