iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stake Lessened by First Citizens Financial Corp

First Citizens Financial Corp decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,725 shares of the company’s stock after selling 591 shares during the quarter. First Citizens Financial Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $817,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Trust Co of the South purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at about $799,000. Milestone Asset Management Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $2,459,000. Chancellor Financial Group WB LP purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $369,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,271,611 shares of the company’s stock valued at $290,486,000 after buying an additional 67,611 shares during the period. Finally, Anchor Pointe Wealth Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $348,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.5%

Shares of BATS:USMV opened at $92.65 on Thursday. The firm has a market cap of $24.02 billion, a price-to-earnings ratio of 24.27 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $81.34 and a 1 year high of $95.12. The business has a fifty day simple moving average of $91.49 and a 200 day simple moving average of $91.73.

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.