Soltis Investment Advisors LLC Sells 217 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Soltis Investment Advisors LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,235 shares of the company’s stock after selling 217 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $820,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Comprehensive Financial Planning Inc. PA bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $151,000. GGM Financials LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the fourth quarter. GGM Financials LLC now owns 38,040 shares of the company’s stock worth $3,378,000 after purchasing an additional 366 shares during the last quarter. Compass Financial Services Inc bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $58,000. Stephens Inc. AR increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 9.7% in the fourth quarter. Stephens Inc. AR now owns 20,265 shares of the company’s stock worth $1,799,000 after purchasing an additional 1,800 shares during the last quarter. Finally, Quotient Wealth Partners LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.3% during the fourth quarter. Quotient Wealth Partners LLC now owns 1,013,519 shares of the company’s stock valued at $89,990,000 after acquiring an additional 12,622 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.08 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm’s 50 day simple moving average is $90.76 and its two-hundred day simple moving average is $90.66. The stock has a market capitalization of $27.27 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.