iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Iowa State Bank

Iowa State Bank lessened its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 24.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,101 shares of the company’s stock after selling 1,360 shares during the quarter. Iowa State Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $364,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $30,000. Strategic Financial Concepts LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $35,000. Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $38,000. Bfsg LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after acquiring an additional 228 shares during the last quarter. Finally, Arrow Financial Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $45,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock traded up $0.44 during midday trading on Monday, hitting $89.10. The stock had a trading volume of 1,276,882 shares. The firm has a market cap of $26.11 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company’s 50-day moving average price is $91.63 and its 200 day moving average price is $89.61.

About iShares MSCI USA Min Vol Factor ETF

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.