Godsey & Gibb Inc. Cuts Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Godsey & Gibb Inc. decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 24.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 610 shares of the company’s stock after selling 200 shares during the quarter. Godsey & Gibb Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $54,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in USMV. SpiderRock Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth $629,000. Headlands Technologies LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $30,000. EdgeRock Capital LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after buying an additional 43,846 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock valued at $19,494,000 after buying an additional 1,785 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $89.18 on Thursday. The firm has a market cap of $26.13 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm’s 50-day simple moving average is $91.29 and its two-hundred day simple moving average is $89.86.

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.