Kastel Capital Advisors LLC Sells 17,977 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Kastel Capital Advisors LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 58.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 12,922 shares of the company’s stock after selling 17,977 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.7% of Kastel Capital Advisors LLC’s portfolio, making the stock its 27th largest holding. Kastel Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,198,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. WealthPLAN Partners LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 2.6% during the 4th quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock valued at $392,000 after buying an additional 105 shares in the last quarter. Millstone Evans Group LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 6.3% during the fourth quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock valued at $168,000 after buying an additional 106 shares during the last quarter. Delta Wealth Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.3% in the first quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock worth $3,403,000 after acquiring an additional 108 shares in the last quarter. Mcmorgan & Co. LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% in the first quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock worth $2,619,000 after acquiring an additional 108 shares in the last quarter. Finally, KW Wealth Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock worth $1,276,000 after acquiring an additional 109 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $100.62 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $100.72. The business has a fifty day moving average price of $96.80 and a 200-day moving average price of $95.55. The company has a market capitalization of $25.68 billion, a PE 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.