Armstrong Advisory Group Inc. Sells 155 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Armstrong Advisory Group Inc. lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,807 shares of the company’s stock after selling 155 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,048,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in USMV. PNC Financial Services Group Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after purchasing an additional 91,948 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after buying an additional 21,739 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock valued at $194,871,000 after buying an additional 17,264 shares in the last quarter. Finally, Financial Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after buying an additional 16,576 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $89.18 on Thursday. The stock has a market capitalization of $26.13 billion, a P/E 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 firm’s 50 day simple moving average is $91.29 and its two-hundred day simple moving average is $89.86.

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.