Stratos Wealth Partners LTD. Trims Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Stratos Wealth Partners LTD. lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 281,467 shares of the company’s stock after selling 9,103 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $24,992,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after buying an additional 346,414 shares during the period. World Investment Advisors LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 343.1% in 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. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $15,482,000. Avidian Wealth Enterprises LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2,578.5% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 173,645 shares of the company’s stock valued at $15,856,000 after purchasing an additional 167,162 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $12,199,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $92.39 on Wednesday. The firm has a market capitalization of $27.07 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company’s 50 day moving average price is $90.90 and its 200 day moving average price is $90.46.

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.