iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Position Cut by Armbruster Capital Management Inc.

Armbruster Capital Management Inc. lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 164,237 shares of the company’s stock after selling 430 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 3.0% of Armbruster Capital Management Inc.’s portfolio, making the stock its 10th largest position. Armbruster Capital Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $14,583,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Carrera Capital Advisors purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $33,148,000. LPL Financial LLC lifted its stake in shares of 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 last quarter. Sanctuary Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $18,422,000. Magnolia Capital Advisors LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 867.8% in the second quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock valued at $18,463,000 after purchasing an additional 197,175 shares during the last quarter. Finally, World Investment Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 343.1% in the third quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock worth $20,534,000 after purchasing an additional 174,130 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $90.97 on Monday. The business has a 50-day simple moving average of $90.96 and a two-hundred day simple moving average of $90.21. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The company has a market cap of $26.65 billion, a PE 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.