Sei Investments Co. Sells 39,683 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sei Investments Co. lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.6% in the 4th quarter, Holdings Channel reports. The firm owned 1,479,241 shares of the company’s stock after selling 39,683 shares during the quarter. Sei Investments Co.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $131,341,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. VSM Wealth Advisory LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $27,000. Stonebridge Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $28,000. AlphaMark Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $30,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $30,000. Finally, Sound Income Strategies LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after acquiring an additional 143 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.1 %

Shares of USMV opened at $92.29 on Friday. The company has a market cap of $24.09 billion, a PE ratio of 24.03 and a beta of 0.77. The stock has a 50-day moving average price of $92.25 and a 200-day moving average price of $91.65. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $79.69 and a 12-month high of $95.12.

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.