RFG Advisory LLC Has $221,000 Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

RFG Advisory LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,490 shares of the company’s stock after selling 119 shares during the period. RFG Advisory LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% during the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after acquiring an additional 111 shares in the last quarter. Anchor Investment Management LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after purchasing an additional 112 shares during the period. Asset Dedication LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after purchasing an additional 121 shares in the last quarter. Sensible Money LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after purchasing an additional 121 shares during the period. Finally, Foster Victor Wealth Advisors LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after buying an additional 123 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $91.69 on Wednesday. The stock’s fifty day simple moving average is $90.98 and its 200 day simple moving average is $90.30. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm has a market cap of $26.87 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.