Shira Ridge Wealth Management Sells 2,059 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Shira Ridge Wealth Management reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 45.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,436 shares of the company’s stock after selling 2,059 shares during the period. Shira Ridge Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $204,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Trexquant Investment LP grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 27.4% in the 3rd quarter. Trexquant Investment LP now owns 24,565 shares of the company’s stock worth $1,778,000 after buying an additional 5,285 shares in the last quarter. Glenmede Trust Co. NA grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% in the 3rd quarter. Glenmede Trust Co. NA now owns 416,140 shares of the company’s stock worth $30,120,000 after buying an additional 7,626 shares in the last quarter. Axxcess Wealth Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $17,934,000. Evergreen Capital Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 29.4% in the 3rd quarter. Evergreen Capital Management LLC now owns 67,203 shares of the company’s stock worth $4,890,000 after buying an additional 15,260 shares in the last quarter. Finally, KPP Advisory Services LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $211,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.3 %

Shares of USMV stock traded up $0.26 during trading hours on Tuesday, reaching $84.02. 2,028,698 shares of the stock were exchanged. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company’s 50-day moving average price is $82.84 and its 200-day moving average price is $81.29. The firm has a market capitalization of $24.62 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.