Community Bank N.A. Decreases Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Community Bank N.A. lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 101,800 shares of the company’s stock after selling 570 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 1.0% of Community Bank N.A.’s portfolio, making the stock its 19th biggest holding. Community Bank N.A.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,943,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in 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 valued at $2,207,000 after purchasing an additional 696 shares during the last quarter. White Pine Investment CO lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock valued at $11,894,000 after purchasing an additional 668 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 valued at $5,481,000 after purchasing an additional 1,263 shares during the last quarter. Criterion Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $42,000. Finally, Confluence Wealth Services Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $4,176,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.2 %

Shares of USMV traded up $0.18 during midday trading on Wednesday, hitting $81.35. 1,926,904 shares of the company’s stock traded hands. The stock has a market capitalization of $23.79 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. The firm’s fifty day moving average is $81.78 and its 200-day moving average is $78.33. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.