iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stake Lessened by Arkansas Financial Group Inc.

Arkansas Financial Group Inc. decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 45,127 shares of the company’s stock after selling 311 shares during the quarter. Arkansas Financial Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,007,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $38,000. Bfsg LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% during 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 period. Arrow Financial Corp bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $45,000. Eastern Bank acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $92,000. Finally, American Capital Advisory LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1,460.0% during the 3rd quarter. American Capital Advisory LLC now owns 1,014 shares of the company’s stock valued at $93,000 after purchasing an additional 949 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $90.95 on Friday. 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 has a market capitalization of $26.65 billion, a P/E ratio of 25.30 and a beta of 0.59. The company’s 50 day simple moving average is $90.99 and its 200 day simple moving average is $90.08.

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.