Physician Wealth Advisors Inc. Has $3.50 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Physician Wealth Advisors Inc. trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 25.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,018 shares of the company’s stock after selling 15,065 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.8% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 29th biggest position. Physician Wealth Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,500,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of USMV. Moneta Group Investment Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 140,054.1% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock valued at $790,321,000 after purchasing an additional 10,953,635 shares during the period. FMR LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 51.5% during the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock valued at $1,928,493,000 after acquiring an additional 9,059,409 shares during the last quarter. Allstate Investment Management Co. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $308,588,000. Catalyst Capital Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $259,275,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $246,963,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.5 %

USMV traded down $0.44 during trading on Tuesday, reaching $82.84. 1,465,340 shares of the stock traded hands. The stock has a market capitalization of $31.78 billion, a PE ratio of 20.17 and a beta of 0.75. The stock’s 50-day moving average is $81.44 and its 200 day moving average is $77.47. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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