iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Petix & Botte Co

Petix & Botte Co lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 24.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 49,282 shares of the company’s stock after selling 16,378 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.2% of Petix & Botte Co’s investment portfolio, making the stock its 28th biggest holding. Petix & Botte Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,376,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Carrera Capital Advisors acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $33,148,000. LPL Financial LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $18,422,000. Magnolia Capital Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 867.8% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 219,897 shares of the company’s stock valued at $18,463,000 after purchasing an additional 197,175 shares during the last quarter. Finally, World Investment Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 343.1% during the 3rd quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock worth $20,534,000 after purchasing an additional 174,130 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $90.97 on Monday. The firm’s fifty day moving average is $90.96 and its two-hundred day moving average is $90.21. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm has a market cap of $26.65 billion, a PE ratio of 25.30 and a beta of 0.59.

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.