iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Holdings Cut by Laidlaw Wealth Management LLC

Laidlaw Wealth Management LLC lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 18.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,296 shares of the company’s stock after selling 988 shares during the period. Laidlaw Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $381,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Joel Adams & Associates Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $859,000. Global Retirement Partners LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.0% in the fourth quarter. Global Retirement Partners LLC now owns 119,182 shares of the company’s stock worth $10,582,000 after acquiring an additional 3,482 shares during the last quarter. Atlas Legacy Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $1,125,000. Mcdonald Partners LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after acquiring an additional 125 shares during the last quarter. Finally, Atria Wealth Solutions Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 323,572 shares of the company’s stock worth $28,730,000 after acquiring an additional 8,759 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.1 %

Shares of BATS USMV opened at $93.15 on Wednesday. The firm’s 50-day moving average price is $90.69 and its two-hundred day moving average price is $90.94. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a market capitalization of $27.29 billion, a P/E ratio of 25.30 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.