McKinley Carter Wealth Services Inc. Reduces Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

McKinley Carter Wealth Services Inc. cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,009 shares of the company’s stock after selling 725 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $356,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 1.1% during the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after acquiring an additional 111 shares during the period. Anchor Investment Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after purchasing an additional 112 shares during the period. Asset Dedication LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after buying an additional 121 shares during the last quarter. Sensible Money LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% in the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after buying an additional 121 shares during the period. Finally, Foster Victor Wealth Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 4.8% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after buying an additional 123 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.2 %

Shares of BATS USMV opened at $91.52 on Thursday. The company has a 50 day simple moving average of $90.98 and a two-hundred day simple moving average of $90.30. The stock has a market cap of $26.81 billion, a price-to-earnings 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.

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.