Pacific Sun Financial Corp Sells 120 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Pacific Sun Financial Corp lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,358 shares of the company’s stock after selling 120 shares during the period. Pacific Sun Financial Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $298,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Able Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% in the fourth quarter. Able Wealth Management LLC now owns 69,293 shares of the company’s stock worth $6,153,000 after acquiring an additional 981 shares in the last quarter. First Bank & Trust boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.6% in the fourth quarter. First Bank & Trust now owns 5,338 shares of the company’s stock worth $474,000 after acquiring an additional 133 shares in the last quarter. WealthBridge Capital Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 4.3% in the fourth quarter. WealthBridge Capital Management LLC now owns 50,592 shares of the company’s stock worth $4,492,000 after acquiring an additional 2,092 shares in the last quarter. Emerald Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.3% in the fourth quarter. Emerald Advisors LLC now owns 37,671 shares of the company’s stock worth $3,345,000 after acquiring an additional 1,189 shares in the last quarter. Finally, Legacy Solutions LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $278,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.7 %

Shares of BATS:USMV opened at $93.71 on Thursday. 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 market cap of $27.46 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business has a 50-day moving average price of $90.74 and a 200-day moving average price of $91.01.

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.