iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 20.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 842 shares of the company’s stock after selling 210 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $75,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in USMV. First Horizon Advisors Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 63.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,685 shares of the company’s stock worth $245,000 after acquiring an additional 1,040 shares during the period. LPL Financial LLC boosted its position in 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 acquiring an additional 346,414 shares during the period. Banco Santander S.A. boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.4% during the 3rd quarter. Banco Santander S.A. now owns 100,623 shares of the company’s stock worth $9,188,000 after acquiring an additional 1,424 shares during the period. Icon Wealth Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 14.3% during the 3rd quarter. Icon Wealth Advisors LLC now owns 11,976 shares of the company’s stock worth $1,094,000 after acquiring an additional 1,501 shares during the period. Finally, Nwam LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $2,787,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $92.50 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The stock’s fifty day moving average is $92.18 and its 200-day moving average is $91.65. The company has a market capitalization of $24.14 billion, a PE ratio of 24.03 and a beta of 0.77.

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.