Cypress Wealth Services LLC Has $1.63 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cypress Wealth Services LLC decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 18,307 shares of the company’s stock after selling 423 shares during the period. Cypress Wealth Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,625,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of USMV. Tallon Kerry Patrick acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $621,000. Park Avenue Securities LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 26.0% during the fourth quarter. Park Avenue Securities LLC now owns 238,365 shares of the company’s stock worth $21,164,000 after buying an additional 49,180 shares in the last quarter. Kathmere Capital Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 9.1% in the fourth quarter. Kathmere Capital Management LLC now owns 12,348 shares of the company’s stock valued at $1,096,000 after acquiring an additional 1,035 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 5,779 shares of the company’s stock worth $513,000 after acquiring an additional 807 shares in the last quarter. Finally, Hart & Patterson Financial Group LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 7.2% during the 4th quarter. Hart & Patterson Financial Group LLC now owns 5,394 shares of the company’s stock worth $479,000 after acquiring an additional 361 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $89.68 on Friday. The business has a fifty day moving average price of $91.23 and a 200 day moving average price of $89.86. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a market capitalization of $26.28 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.