iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 99.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,404 shares of the company’s stock after selling 134,518 shares during the period. Valley Wealth Managers Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Secure Asset Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.8% during the 3rd quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock worth $371,000 after acquiring an additional 108 shares during the period. International Assets Investment Management LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 0.7% during the second quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock worth $1,420,000 after purchasing an additional 110 shares during the last quarter. Patriot Investment Management Group Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 0.4% during the third quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock worth $2,814,000 after purchasing an additional 111 shares during the last quarter. Venturi Wealth Management LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.8% during the third quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock worth $582,000 after purchasing an additional 111 shares during the period. Finally, Partners Capital Investment Group LLP boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 3rd quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock valued at $2,780,000 after purchasing an additional 112 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $94.97 on Friday. The stock has a market capitalization of $24.24 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The business’s 50 day moving average price is $94.52 and its 200 day moving average price is $94.06.

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.