Visionary Wealth Advisors Trims Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Visionary Wealth Advisors lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,364 shares of the company’s stock after selling 655 shares during the quarter. Visionary Wealth Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,696,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USMV. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $1,176,338,000. LPL Financial LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% in the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock valued at $504,852,000 after buying an additional 328,291 shares in the last quarter. Millburn Ridgefield Corp grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after buying an additional 180,849 shares in the last quarter. Assetmark Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.6% during the 4th quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock worth $142,627,000 after purchasing an additional 10,270 shares in the last quarter. Finally, Dynasty Wealth Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 8.4% during the 4th quarter. Dynasty Wealth Management LLC now owns 1,203,928 shares of the company’s stock worth $106,897,000 after purchasing an additional 93,543 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $94.24 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $81.34 and a 12 month high of $95.12. The stock has a market capitalization of $24.44 billion, a price-to-earnings ratio of 24.27 and a beta of 0.74. The business has a fifty day moving average price of $91.40 and a 200 day moving average price of $91.67.

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.