Physician Wealth Advisors Inc. Has $1.20 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Physician Wealth Advisors Inc. lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 65.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,005 shares of the company’s stock after selling 29,013 shares during the period. Physician Wealth Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,199,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of USMV. Cherry Tree Wealth Management LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock worth $1,350,000 after acquiring an additional 160 shares in the last quarter. ARS Wealth Advisors Group LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.5% during the fourth quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock valued at $39,946,000 after buying an additional 22,057 shares in the last quarter. Ergawealth Advisors Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% in the fourth quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock worth $2,207,000 after buying an additional 696 shares during the last quarter. EWA LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% during the 4th quarter. EWA LLC now owns 115,354 shares of the company’s stock worth $9,269,000 after acquiring an additional 9,725 shares in the last quarter. Finally, White Pine Investment CO boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock worth $11,894,000 after acquiring an additional 668 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock traded down $0.09 during trading on Friday, reaching $83.96. The company had a trading volume of 1,716,180 shares. The firm’s 50 day simple moving average is $82.73 and its two-hundred day simple moving average is $81.18. 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 market capitalization of $24.60 billion, a PE ratio of 25.30 and a beta of 0.59.

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.