Atria Wealth Solutions Inc. Cuts Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Atria Wealth Solutions Inc. reduced its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 22.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 363,077 shares of the company’s stock after selling 107,128 shares during the period. Atria Wealth Solutions Inc. owned about 0.09% of iShares MSCI USA Min Vol Factor ETF worth $28,331,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in USMV. FMR LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after buying an additional 9,059,409 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $259,275,000. Envestnet Portfolio Solutions Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $246,963,000. International Assets Investment Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $216,845,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 54.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock valued at $383,689,000 after purchasing an additional 1,867,739 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV traded up $0.18 during midday trading on Wednesday, reaching $81.35. The stock had a trading volume of 1,926,904 shares. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The company’s fifty day simple moving average is $81.76 and its two-hundred day simple moving average is $78.31. The company has a market cap of $23.79 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59.

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.