W Advisors LLC Lowers Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

W Advisors LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,092 shares of the company’s stock after selling 246 shares during the period. W Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $679,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $2,779,000. Simplex Trading LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $91,000. Fisher Asset Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% during the fourth quarter. Fisher Asset Management LLC now owns 4,554 shares of the company’s stock valued at $355,000 after purchasing an additional 151 shares in the last quarter. Natixis Advisors L.P. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $938,000. Finally, Aveo Capital Partners LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 22.8% in the 4th quarter. Aveo Capital Partners LLC now owns 6,821 shares of the company’s stock worth $532,000 after buying an additional 1,265 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $89.32 on Friday. The company’s 50-day simple moving average is $87.22 and its two-hundred day simple moving average is $84.07. The stock has a market capitalization of $26.17 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.