W.H. Cornerstone Investments Inc. Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

W.H. Cornerstone Investments Inc. lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 29.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,393 shares of the company’s stock after selling 2,714 shares during the period. 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 reporting period.

Other institutional investors have also added to or reduced their stakes in the company. SYM FINANCIAL Corp grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% in the 4th quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after buying an additional 340 shares during the last quarter. ARS Wealth Advisors Group LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 4.5% during the 4th quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock valued at $39,946,000 after purchasing an additional 22,057 shares during the period. Sapient Capital LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $1,372,000. Signature Resources Capital Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $98,000. Finally, Aveo Capital Partners LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 22.8% during the 4th quarter. Aveo Capital Partners LLC now owns 6,821 shares of the company’s stock valued at $532,000 after purchasing an additional 1,265 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock traded up $0.47 during trading on Friday, reaching $81.11. The company had a trading volume of 2,356,724 shares. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The business has a 50 day moving average of $81.78 and a 200 day moving average of $78.75. The company has a market cap of $23.77 billion, a P/E 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.