PDS Planning Inc Reduces Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

PDS Planning Inc lessened its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,486 shares of the company’s stock after selling 1,418 shares during the period. PDS Planning Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $584,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $26,000. Horrell Capital Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $27,000. Global Trust Asset Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $27,000. M&R Capital Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $34,000. Finally, Sandy Spring Bank raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 484.0% during the 3rd quarter. Sandy Spring Bank now owns 584 shares of the company’s stock valued at $42,000 after purchasing an additional 484 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.5 %

Shares of BATS:USMV traded up $0.37 during midday trading on Tuesday, reaching $80.87. 2,632,356 shares of the company traded hands. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm has a market capitalization of $23.65 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. The firm’s fifty day moving average price is $81.73 and its two-hundred day moving average price is $78.25.

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.