iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Renasant Bank

Renasant Bank lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,103 shares of the company’s stock after selling 1,051 shares during the quarter. Renasant Bank’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,430,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. DecisionMap Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $1,947,000. Vestcor Inc lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 43.3% during the fourth quarter. Vestcor Inc now owns 17,610 shares of the company’s stock worth $1,564,000 after purchasing an additional 5,320 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 230,042 shares of the company’s stock worth $20,425,000 after purchasing an additional 2,804 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 31.5% in the 4th quarter. Farther Finance Advisors LLC now owns 18,817 shares of the company’s stock valued at $1,671,000 after buying an additional 4,512 shares during the period. Finally, Smart Portfolios LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% during the fourth quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after purchasing an additional 112 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.5 %

iShares MSCI USA Min Vol Factor ETF stock opened at $90.90 on Friday. The firm has a 50-day moving average price of $91.80 and a two-hundred day moving average price of $91.58. The firm has a market capitalization of $23.10 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week 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.