iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by First Heartland Consultants Inc.

First Heartland Consultants Inc. lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,308 shares of the company’s stock after selling 389 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,691,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Waverly Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 46.9% in the fourth quarter. Waverly Advisors LLC now owns 32,886 shares of the company’s stock valued at $2,920,000 after acquiring an additional 10,496 shares during the period. Squarepoint Ops LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 187.4% during the 4th quarter. Squarepoint Ops LLC now owns 65,856 shares of the company’s stock worth $5,847,000 after acquiring an additional 42,944 shares during the period. Quantinno Capital Management LP raised its holdings in iShares MSCI USA Min Vol Factor ETF by 184.3% in the fourth quarter. Quantinno Capital Management LP now owns 18,097 shares of the company’s stock worth $1,607,000 after purchasing an additional 11,731 shares during the period. NorthRock Partners LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $1,418,000. Finally, Minot DeBlois Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $121,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.2%

BATS:USMV opened at $94.15 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $81.34 and a twelve month high of $95.12. The firm has a market capitalization of $24.41 billion, a price-to-earnings ratio of 24.27 and a beta of 0.74. The stock’s 50 day moving average price is $91.47 and its two-hundred day moving average price is $91.69.

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.