Commonwealth Equity Services LLC Cuts Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Commonwealth Equity Services LLC reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,602,460 shares of the company’s stock after selling 179,092 shares during the period. Commonwealth Equity Services LLC owned 0.68% of iShares MSCI USA Min Vol Factor ETF worth $203,070,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of USMV. SVB Wealth LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 29.8% during the 3rd quarter. SVB Wealth LLC now owns 8,144 shares of the company’s stock worth $589,000 after buying an additional 1,868 shares in the last quarter. Mission Wealth Management LP boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 8.7% during the 3rd quarter. Mission Wealth Management LP now owns 5,598 shares of the company’s stock worth $405,000 after purchasing an additional 448 shares during the last quarter. Stratos Wealth Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.6% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 20,060 shares of the company’s stock worth $1,452,000 after purchasing an additional 1,060 shares during the last quarter. Defined Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 3rd quarter. Defined Wealth Management LLC now owns 35,237 shares of the company’s stock worth $2,550,000 after purchasing an additional 657 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $222,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.1 %

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.11 on Thursday, hitting $80.34. 3,781,097 shares of the company were exchanged. The stock has a market capitalization of $23.54 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50-day moving average price of $81.81 and a 200 day moving average price of $78.61. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.