Patton Albertson Miller Group LLC Decreases Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Patton Albertson Miller Group LLC cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 27.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,264 shares of the company’s stock after selling 3,053 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $734,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of USMV. Sound Income Strategies LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares during the last quarter. Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $38,000. Bfsg LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares during the period. Arrow Financial Corp acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $45,000. Finally, Eastern Bank purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $92,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $90.97 on Friday. 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 has a 50-day moving average of $90.96 and a two-hundred day moving average of $90.17. The stock has a market capitalization of $26.65 billion, a price-to-earnings 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.