iShares MSCI USA Min Vol Factor ETF $USMV Stock Position Lessened by Modus Advisors LLC

Modus Advisors LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 24.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 79,573 shares of the company’s stock after selling 25,629 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 2.0% of Modus Advisors LLC’s holdings, making the stock its 10th biggest position. Modus Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,493,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Millstone Evans Group LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% in the 4th quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock worth $168,000 after purchasing an additional 106 shares during the period. Signature Estate & Investment Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock worth $3,402,000 after purchasing an additional 118 shares during the period. Opulen Financial Group LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 2.4% in the 3rd quarter. Opulen Financial Group LLC now owns 5,120 shares of the company’s stock worth $487,000 after acquiring an additional 118 shares in the last quarter. TSA Wealth Managment LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 3.6% in the 4th quarter. TSA Wealth Managment LLC now owns 3,561 shares of the company’s stock worth $335,000 after acquiring an additional 124 shares in the last quarter. Finally, Strategic Point Investment Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.3% in the 4th quarter. Strategic Point Investment Advisors LLC now owns 42,752 shares of the company’s stock worth $4,025,000 after acquiring an additional 127 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.1%

iShares MSCI USA Min Vol Factor ETF stock opened at $95.64 on Friday. The firm has a 50 day moving average of $94.54 and a 200 day moving average of $94.76. The firm has a market capitalization of $24.41 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $98.07.

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.