W.H. Cornerstone Investments Inc. Sells 2,714 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

W.H. Cornerstone Investments Inc. decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 29.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,393 shares of the company’s stock after selling 2,714 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $499,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Yarger Wealth Strategies LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% during the 4th quarter. Yarger Wealth Strategies LLC now owns 13,832 shares of the company’s stock worth $1,079,000 after acquiring an additional 139 shares in the last quarter. Hoese & Co LLP raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.3% during the fourth quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock valued at $4,123,000 after purchasing an additional 140 shares in the last quarter. Archer Investment Corp lifted its position in iShares MSCI USA Min Vol Factor ETF by 3.4% during the third quarter. Archer Investment Corp now owns 4,462 shares of the company’s stock valued at $323,000 after purchasing an additional 146 shares during the last quarter. Adamsbrown Wealth Consultants LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.9% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 3,220 shares of the company’s stock worth $251,000 after buying an additional 149 shares in the last quarter. Finally, Sandy Spring Bank increased its stake in iShares MSCI USA Min Vol Factor ETF by 25.7% during the fourth quarter. Sandy Spring Bank now owns 734 shares of the company’s stock worth $57,000 after acquiring an additional 150 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

Shares of BATS USMV traded up $0.47 during trading hours on Friday, hitting $81.11. 2,356,724 shares of the company traded hands. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a market capitalization of $23.77 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company’s 50 day moving average price is $81.78 and its 200 day moving average price is $78.75.

About iShares MSCI USA Min Vol Factor ETF

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.