Cora Capital Advisors LLC Cuts Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cora Capital Advisors LLC reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,738 shares of the company’s stock after selling 1,804 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.9% of Cora Capital Advisors LLC’s holdings, making the stock its 13th largest position. Cora Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,257,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in USMV. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $26,000. Horrell Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $27,000. Global Trust Asset Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $27,000. M&R Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $34,000. Finally, Criterion Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $42,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4 %

Shares of USMV stock traded down $0.29 on Friday, reaching $80.93. The company’s stock had a trading volume of 2,421,659 shares. The stock’s fifty day simple moving average is $81.80 and its 200-day simple moving average is $78.45. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company has a market capitalization of $23.66 billion, a price-to-earnings ratio of 25.31 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.