Cardinal Strategic Wealth Guidance Trims Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cardinal Strategic Wealth Guidance decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,301 shares of the company’s stock after selling 7,036 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 1.2% of Cardinal Strategic Wealth Guidance’s investment portfolio, making the stock its 15th largest position. Cardinal Strategic Wealth Guidance’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,845,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $28,000. AlphaMark Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $30,000. Valued Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000. Sound Income Strategies LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares in the last quarter. Finally, Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.08 on Tuesday. The stock has a market cap of $27.27 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a fifty day moving average price of $90.76 and a 200-day moving average price of $90.66.

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.