Cypress Wealth Services LLC Cuts Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Cypress Wealth Services LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 52.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,635 shares of the company’s stock after selling 8,368 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $719,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in USMV. Investors Research Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $26,000. Chapman Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $29,000. Manning & Napier Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $30,000. Abound Wealth Management grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% during the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after purchasing an additional 271 shares during the period. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $35,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $91.12 on Monday. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $98.07. The company’s 50 day moving average price is $95.23 and its 200 day moving average price is $94.58. The firm has a market capitalization of $23.25 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.