Regal Investment Advisors LLC Has $2.28 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Regal Investment Advisors LLC lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,639 shares of the company’s stock after selling 2,950 shares during the quarter. Regal Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,276,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. VSM Wealth Advisory LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $27,000. Howe & Rusling Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% during the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after acquiring an additional 146 shares during the last quarter. Stonebridge Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $28,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $30,000. Finally, Valued Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $30,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $90.83 on Wednesday. The stock’s fifty day moving average price is $92.13 and its two-hundred day moving average price is $91.62. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The firm has a market cap of $23.26 billion, a price-to-earnings ratio of 24.22 and a beta of 0.74.

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.