Capital Asset Advisory Services LLC Sells 15,668 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Capital Asset Advisory Services LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 19.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,430 shares of the company’s stock after selling 15,668 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,830,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. SpiderRock Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $629,000. EdgeRock Capital LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after purchasing an additional 3,371 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% in the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after purchasing an additional 43,846 shares during the period. Gateway Wealth Partners LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% during the 2nd quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock worth $4,201,000 after purchasing an additional 2,304 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its stake in iShares MSCI USA Min Vol Factor ETF by 42.2% during the 3rd quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock valued at $3,516,000 after purchasing an additional 11,432 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.6 %

Shares of BATS USMV opened at $90.97 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company has a market cap of $26.65 billion, a P/E ratio of 25.30 and a beta of 0.59. The business’s 50 day moving average is $90.96 and its two-hundred day moving average is $90.21.

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.