Meridian Wealth Advisors LLC Sells 25,488 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Meridian Wealth Advisors LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 139,025 shares of the company’s stock after selling 25,488 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 2.4% of Meridian Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. Meridian Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,848,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of USMV. Cherry Tree Wealth Management LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock valued at $1,350,000 after buying an additional 160 shares in the last quarter. ARS Wealth Advisors Group LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 4.5% during the fourth quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock valued at $39,946,000 after buying an additional 22,057 shares in the last quarter. Ergawealth Advisors Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% during the fourth quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock valued at $2,207,000 after buying an additional 696 shares in the last quarter. White Pine Investment CO boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% during the fourth quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock valued at $11,894,000 after buying an additional 668 shares in the last quarter. Finally, EWA LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% in the 4th quarter. EWA LLC now owns 115,354 shares of the company’s stock valued at $9,269,000 after purchasing an additional 9,725 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.0 %

BATS:USMV opened at $82.14 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market capitalization of $24.07 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock has a fifty day simple moving average of $81.81 and a 200 day simple moving average of $78.91.

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.