iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Lessened by Cozad Asset Management Inc.

Cozad Asset Management Inc. lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,371 shares of the company’s stock after selling 132 shares during the quarter. Cozad Asset Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,343,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in USMV. Compass Wealth Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% in the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after acquiring an additional 123 shares during the period. Chapman Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $28,000. Columbia River Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $30,000. LRI Investments LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $33,000. Finally, Blue Bell Private Wealth Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 77.9% during the first quarter. Blue Bell Private Wealth Management LLC now owns 386 shares of the company’s stock valued at $36,000 after buying an additional 169 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.4%

Shares of BATS USMV opened at $93.43 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The company has a market cap of $23.84 billion, a PE ratio of 22.90 and a beta of 0.72. The stock has a 50 day simple moving average of $93.15 and a 200-day simple moving average of $92.26.

iShares MSCI USA Min Vol Factor ETF Company 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.