Wilbanks Smith & Thomas Asset Management LLC Sells 231 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wilbanks Smith & Thomas Asset Management LLC cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,049 shares of the company’s stock after selling 231 shares during the period. Wilbanks Smith & Thomas Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $316,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. FMR LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after acquiring an additional 9,059,409 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $259,275,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth $246,963,000. International Assets Investment Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $216,845,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 54.4% during the third quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock valued at $383,689,000 after buying an additional 1,867,739 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $81.11 on Friday. The company has a market cap of $23.77 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock’s fifty day moving average price is $81.78 and its 200 day moving average price is $78.68. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.