iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Holdings Lowered by Everhart Financial Group Inc.

Everhart Financial Group Inc. cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,180 shares of the company’s stock after selling 195 shares during the period. Everhart Financial Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $860,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $1,176,338,000. LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% in the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after buying an additional 328,291 shares during the period. Catalyst Capital Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% in the first quarter. Catalyst Capital Advisors LLC now owns 3,755,502 shares of the company’s stock worth $351,740,000 after buying an additional 104,095 shares during the period. Millburn Ridgefield Corp increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after acquiring an additional 180,849 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,271,611 shares of the company’s stock valued at $290,486,000 after acquiring an additional 67,611 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $92.95 on Friday. The firm has a 50 day simple moving average of $91.94 and a 200 day simple moving average of $91.78. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $82.44 and a 52 week high of $95.12. The company has a market cap of $23.83 billion, a PE ratio of 24.27 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.