Patton Albertson Miller Group LLC Cuts Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Patton Albertson Miller Group LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,579 shares of the company’s stock after selling 139 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Wealthspire Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 18.7% in the fourth quarter. Wealthspire Advisors LLC now owns 6,449 shares of the company’s stock worth $503,000 after purchasing an additional 1,014 shares during the last quarter. EdgeRock Capital LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 24.6% in the 4th quarter. EdgeRock Capital LLC now owns 107,036 shares of the company’s stock worth $8,600,000 after purchasing an additional 21,131 shares during the period. Gryphon Financial Partners LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $213,000. Cherry Tree Wealth Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock worth $1,350,000 after purchasing an additional 160 shares during the last quarter. Finally, Peddock Capital Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% in the fourth quarter. Peddock Capital Advisors LLC now owns 12,840 shares of the company’s stock worth $1,002,000 after purchasing an additional 266 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV traded up $0.46 during midday trading on Thursday, reaching $82.60. 1,255,259 shares of the stock traded hands. The stock has a market capitalization of $24.20 billion, a P/E ratio of 25.30 and a beta of 0.59. The company has a fifty day moving average of $81.84 and a 200 day moving average of $78.94. 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 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.