Patton Albertson Miller Group LLC Cuts Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Patton Albertson Miller Group LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 27.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,264 shares of the company’s stock after selling 3,053 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $734,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% in the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after purchasing an additional 111 shares in the last quarter. Anchor Investment Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% in the 3rd 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 last quarter. Asset Dedication LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after purchasing an additional 121 shares during the period. Sensible Money LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 1.4% during 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 last quarter. Finally, Foster Victor Wealth Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 4.8% in the third 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 period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $90.97 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a 50-day simple moving average of $90.96 and a 200-day simple moving average of $90.17. The firm has a market capitalization of $26.65 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.