Syverson Strege & Co Sells 566 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Syverson Strege & Co lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,400 shares of the company’s stock after selling 566 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.9% of Syverson Strege & Co’s holdings, making the stock its 12th biggest position. Syverson Strege & Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,788,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in USMV. Raymond James Financial Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $1,176,338,000. LPL Financial LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% in the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after buying an additional 328,291 shares during the period. Millburn Ridgefield Corp raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after buying an additional 180,849 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after buying an additional 21,739 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% during the 4th quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock valued at $142,627,000 after acquiring an additional 10,270 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

iShares MSCI USA Min Vol Factor ETF stock opened at $93.08 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $79.69 and a 12-month high of $95.12. The firm has a market capitalization of $24.29 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77. The firm has a 50 day moving average of $92.36 and a 200 day moving average of $91.68.

About iShares MSCI USA Min Vol Factor ETF

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.