iShares MSCI USA Min Vol Factor ETF (BATS:USMV) is Sequent Asset Management LLC’s 9th Largest Position

Sequent Asset Management LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,487 shares of the company’s stock after selling 385 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 2.8% of Sequent Asset Management LLC’s portfolio, making the stock its 9th largest holding. Sequent Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,726,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of USMV. LPL Financial LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after buying an additional 346,414 shares during the last quarter. World Investment Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 343.1% in the 3rd quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock valued at $20,534,000 after purchasing an additional 174,130 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $15,482,000. Avidian Wealth Enterprises LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 2,578.5% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 173,645 shares of the company’s stock worth $15,856,000 after buying an additional 167,162 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $12,199,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $91.97 on Monday. The firm has a market capitalization of $26.95 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company’s 50 day moving average price is $90.93 and its 200 day moving average price is $90.40.

About iShares MSCI USA Min Vol Factor ETF

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.