SRS Capital Advisors Inc. Sells 1,985 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

SRS Capital Advisors Inc. trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,805 shares of the company’s stock after selling 1,985 shares during the quarter. SRS Capital Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,950,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of USMV. Keener Financial Planning LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $26,000. Horrell Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $27,000. Global Trust Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $27,000. M&R Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $34,000. Finally, Sandy Spring Bank lifted its position in iShares MSCI USA Min Vol Factor ETF by 484.0% in the third quarter. Sandy Spring Bank now owns 584 shares of the company’s stock worth $42,000 after purchasing an additional 484 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.1 %

USMV stock traded down $0.11 during midday trading on Thursday, hitting $80.34. The stock had a trading volume of 3,781,097 shares. The firm has a market capitalization of $23.54 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock has a 50-day simple moving average of $81.81 and a 200 day simple moving average of $78.61.

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.