iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,023 shares of the company’s stock after selling 1,059 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,334,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. PNC Financial Services Group Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after buying an additional 91,948 shares in the last quarter. LPL Financial LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares during the period. Millburn Ridgefield Corp boosted its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares during the period. Finally, Cerity Partners LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after purchasing an additional 17,264 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $93.76 on Thursday. The stock has a market cap of $23.82 billion, a P/E ratio of 24.43 and a beta of 0.79. The firm has a fifty day moving average price of $91.44 and a 200 day moving average price of $91.48. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.