PCA Investment Advisory Services Inc. Lowers Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

PCA Investment Advisory Services Inc. decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,318 shares of the company’s stock after selling 467 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 0.8% of PCA Investment Advisory Services Inc.’s investment portfolio, making the stock its 27th biggest position. PCA Investment Advisory Services Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,907,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of USMV. Compass Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% in the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after purchasing an additional 123 shares during the period. ROSS JOHNSON & Associates LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $28,000. Avion Wealth lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 88.8% during the second quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after buying an additional 143 shares during the period. Columbia River Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $30,000. Finally, Flaharty Asset Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.4%

iShares MSCI USA Min Vol Factor ETF stock opened at $94.29 on Wednesday. The business has a fifty day moving average of $94.31 and a two-hundred day moving average of $93.26. The firm has a market cap of $24.06 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12.

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.