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

Sequoia Financial Advisors LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,947 shares of the company’s stock after selling 204 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $308,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Horrell Capital Management Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $27,000. Global Trust Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $27,000. Eagle Bay Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $28,000. Stonebridge Capital Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 180.4% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock worth $29,000 after buying an additional 258 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $31,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $80.02 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 firm has a market capitalization of $23.40 billion, a P/E ratio of 25.31 and a beta of 0.59. The company’s fifty day moving average price is $81.71 and its two-hundred day moving average price is $78.04.

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.