Colton Groome Financial Advisors LLC Sells 15,080 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Colton Groome Financial Advisors LLC cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 64.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,440 shares of the company’s stock after selling 15,080 shares during the quarter. Colton Groome Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $659,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in USMV. ADE LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. ADE LLC now owns 103,392 shares of the company’s stock valued at $8,068,000 after acquiring an additional 813 shares in the last quarter. Fidelis Capital Partners LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 34.2% in the 4th quarter. Fidelis Capital Partners LLC now owns 13,939 shares of the company’s stock valued at $1,088,000 after acquiring an additional 3,556 shares in the last quarter. Western Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 9.9% in the 4th quarter. Western Wealth Management LLC now owns 47,419 shares of the company’s stock valued at $3,700,000 after acquiring an additional 4,273 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% in the 4th quarter. Daiwa Securities Group Inc. now owns 47,620 shares of the company’s stock valued at $3,716,000 after acquiring an additional 520 shares in the last quarter. Finally, Ergawealth Advisors Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 2.5% in the 4th quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock valued at $2,207,000 after acquiring an additional 696 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1 %

BATS USMV traded up $0.10 during midday trading on Thursday, hitting $80.02. The company had a trading volume of 2,565,928 shares. The company has a market capitalization of $23.40 billion, a PE ratio of 25.31 and a beta of 0.59. The firm has a 50-day moving average price of $81.72 and a 200-day moving average price of $78.02. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.