Townsend Asset Management Corp NC ADV Reduces Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Townsend Asset Management Corp NC ADV reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,012 shares of the company’s stock after selling 524 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of USMV. Smart Portfolios LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% during the 4th quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after buying an additional 112 shares in the last quarter. Heritage Wealth Advisors raised its holdings in iShares MSCI USA Min Vol Factor ETF by 27.4% during the 4th quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock valued at $48,000 after acquiring an additional 117 shares during the period. Flputnam Investment Management Co. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% during the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after acquiring an additional 123 shares in the last quarter. Flagstar Advisors Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% in the first quarter. Flagstar Advisors Inc. now owns 6,289 shares of the company’s stock worth $589,000 after acquiring an additional 131 shares during the period. Finally, First Bank & Trust grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% in the fourth quarter. First Bank & Trust now owns 5,338 shares of the company’s stock valued at $474,000 after purchasing an additional 133 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $91.74 on Thursday. The business’s fifty day moving average is $92.18 and its 200 day moving average is $91.73. The firm has a market cap of $23.52 billion, a price-to-earnings ratio of 24.27 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.55 and a 52-week high of $95.12.

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.