Orion Capital Management LLC Sells 2,182 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Orion Capital Management LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 21.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,847 shares of the company’s stock after selling 2,182 shares during the period. Orion Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $612,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Ergawealth Advisors Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% during the 4th quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock worth $2,207,000 after acquiring an additional 696 shares during the last quarter. Investment Advisory Group LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the 4th quarter. Investment Advisory Group LLC now owns 70,236 shares of the company’s stock worth $5,481,000 after acquiring an additional 1,263 shares during the last quarter. EWA LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% during the 4th quarter. EWA LLC now owns 115,354 shares of the company’s stock worth $9,269,000 after acquiring an additional 9,725 shares during the last quarter. White Pine Investment CO lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% in the fourth quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock worth $11,894,000 after purchasing an additional 668 shares during the last quarter. Finally, Confluence Wealth Services Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $4,176,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.0 %

Shares of USMV stock traded down $0.83 during mid-day trading on Wednesday, reaching $80.45. The stock had a trading volume of 2,320,662 shares. The stock’s 50-day moving average price is $81.82 and its two-hundred day moving average price is $78.60. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The firm has a market capitalization of $23.57 billion, a PE ratio of 25.30 and a beta of 0.59.

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.