iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Sachetta LLC

Sachetta LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,359 shares of the company’s stock after selling 155 shares during the period. Sachetta LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,629,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Capital Investment Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $207,000. Courier Capital LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 777.8% during the 1st quarter. Courier Capital LLC now owns 53,941 shares of the company’s stock worth $5,052,000 after purchasing an additional 47,796 shares during the last quarter. Destiny Wealth Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 12.7% in the 1st quarter. Destiny Wealth Partners LLC now owns 12,675 shares of the company’s stock valued at $1,187,000 after purchasing an additional 1,430 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 90.8% during the 1st quarter. Farther Finance Advisors LLC now owns 35,897 shares of the company’s stock valued at $3,360,000 after buying an additional 17,080 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.3%

USMV stock opened at $95.14 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The company has a market capitalization of $24.28 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm has a 50 day simple moving average of $93.85 and a 200-day simple moving average of $92.82.

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.