Sovereign Financial Group Inc. Has $729,000 Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sovereign Financial Group Inc. trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,979 shares of the company’s stock after selling 905 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $729,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. LM Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $393,000. Headlands Technologies LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $30,000. Trust Co. of Vermont boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 69.0% during the 4th quarter. Trust Co. of Vermont now owns 4,231 shares of the company’s stock worth $330,000 after acquiring an additional 1,727 shares during the period. Flagstar Advisors Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% during the 1st quarter. Flagstar Advisors Inc. now owns 6,211 shares of the company’s stock worth $519,000 after acquiring an additional 524 shares during the last quarter. Finally, Wellington Wealth Strategies LLC. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $1,480,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $90.84 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company has a market capitalization of $26.62 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business has a fifty day simple moving average of $89.72 and a two-hundred day simple moving average of $85.46.

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.