iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,579 shares of the company’s stock after selling 139 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,372,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $26,000. Horrell Capital Management Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $27,000. Global Trust Asset Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $27,000. M&R Capital Management Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $34,000. Finally, SYM FINANCIAL Corp lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% in the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock valued at $38,000 after purchasing an additional 340 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock traded up $0.46 on Thursday, reaching $82.60. 1,255,259 shares of the company’s stock traded hands. The company has a market capitalization of $24.20 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The business’s 50 day moving average price is $81.84 and its two-hundred day moving average price is $78.94.

iShares MSCI USA Min Vol Factor ETF 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.