IFG Advisory LLC Cuts Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

IFG Advisory LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 90,524 shares of the company’s stock after selling 2,485 shares during the period. IFG Advisory LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,064,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock valued at $1,928,493,000 after buying an additional 9,059,409 shares during the period. Raymond James & Associates lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock valued at $1,254,785,000 after buying an additional 122,005 shares during the period. Morgan Stanley lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.6% during the 4th quarter. Morgan Stanley now owns 15,673,112 shares of the company’s stock valued at $1,130,031,000 after buying an additional 1,111,338 shares during the period. Moneta Group Investment Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 140,054.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock valued at $790,321,000 after buying an additional 10,953,635 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after buying an additional 1,000,764 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $83.36 on Thursday. The business’s fifty day moving average price is $81.13 and its 200-day moving average price is $77.22. The stock has a market capitalization of $31.98 billion, a price-to-earnings ratio of 20.17 and a beta of 0.75. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.