Valmark Advisers Inc. Has $16.56 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Valmark Advisers Inc. reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 212,211 shares of the company’s stock after selling 10,565 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $16,559,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Koshinski Asset Management Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 62.0% in the third quarter. Koshinski Asset Management Inc. now owns 6,306 shares of the company’s stock worth $456,000 after acquiring an additional 2,414 shares during the last quarter. L. Roy Papp & Associates LLP increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. L. Roy Papp & Associates LLP now owns 65,292 shares of the company’s stock worth $4,726,000 after acquiring an additional 1,468 shares during the last quarter. GDS Wealth Management increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 27.5% in the third quarter. GDS Wealth Management now owns 393,775 shares of the company’s stock worth $28,501,000 after acquiring an additional 85,042 shares during the last quarter. Jmac Enterprises LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.5% in the third quarter. Jmac Enterprises LLC now owns 67,311 shares of the company’s stock worth $4,872,000 after acquiring an additional 4,129 shares during the last quarter. Finally, Simplicity Wealth LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.0% in the third quarter. Simplicity Wealth LLC now owns 11,142 shares of the company’s stock worth $806,000 after acquiring an additional 1,198 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV traded down $0.29 during mid-day trading on Friday, reaching $80.93. The company had a trading volume of 2,421,659 shares. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The stock has a market capitalization of $23.66 billion, a PE ratio of 25.31 and a beta of 0.59. The stock’s 50 day moving average is $81.80 and its 200-day moving average is $78.45.

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.