iShares MSCI USA Min Vol Factor ETF $USMV Stock Position Cut by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 28.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 32,200 shares of the company’s stock after selling 13,080 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 1.4% of Guardian Asset Advisors LLC’s holdings, making the stock its 19th biggest holding. Guardian Asset Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,137,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of USMV. McKinley Carter Wealth Services Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $297,000. Sweeney & Michel LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the 3rd quarter. Sweeney & Michel LLC now owns 23,949 shares of the company’s stock worth $2,334,000 after purchasing an additional 340 shares in the last quarter. Snider Financial Group increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.1% in the 3rd quarter. Snider Financial Group now owns 13,097 shares of the company’s stock worth $1,276,000 after purchasing an additional 391 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 14.9% in the third quarter. TD Waterhouse Canada Inc. now owns 40,468 shares of the company’s stock worth $3,968,000 after purchasing an additional 5,250 shares during the last quarter. Finally, TPG Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. TPG Advisors LLC now owns 24,294 shares of the company’s stock worth $2,367,000 after purchasing an additional 1,572 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV traded down $0.32 during trading hours on Friday, hitting $101.26. The company’s stock had a trading volume of 1,838,469 shares, compared to its average volume of 2,285,757. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $102.21. The company’s 50 day simple moving average is $100.07 and its two-hundred day simple moving average is $97.24. The company has a market cap of $25.84 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.