Curtis Advisory Group LLC Lowers Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Curtis Advisory Group LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 29.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,646 shares of the company’s stock after selling 15,814 shares during the quarter. Curtis Advisory Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,639,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in USMV. Secure Asset Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 2.8% in the 3rd quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock worth $371,000 after purchasing an additional 108 shares during the period. Patriot Investment Management Group Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock worth $2,814,000 after purchasing an additional 111 shares during the period. Venturi Wealth Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 1.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock worth $582,000 after purchasing an additional 111 shares during the period. Partners Capital Investment Group LLP raised its position in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 3rd quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock worth $2,780,000 after purchasing an additional 112 shares during the period. Finally, Modera Wealth Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 4.1% in the 3rd quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock worth $270,000 after purchasing an additional 113 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.2%

Shares of BATS:USMV opened at $92.75 on Friday. The stock has a market cap of $23.67 billion, a PE ratio of 22.90 and a beta of 0.72. The company’s fifty day moving average is $94.90 and its 200 day moving average is $94.52. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $87.41 and a 52 week high of $98.07.

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.