iShares MSCI USA Min Vol Factor ETF $USMV Holdings Cut by Apella Capital LLC

Apella Capital LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.4% in the second quarter, Holdings Channel.com reports. The firm owned 103,342 shares of the company’s stock after selling 5,876 shares during the period. Apella Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,164,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Frankly Finances LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $25,000. Chapman Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $29,000. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $29,000. Ankerstar Wealth LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $31,000. Finally, Eagle Bay Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $33,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.3%

USMV stock opened at $100.00 on Friday. The business’s 50 day moving average is $96.72 and its 200-day moving average is $95.51. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $100.24. The firm has a market cap of $25.52 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.