Arcadia Wealth Management LLC Sells 3,103 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Arcadia Wealth Management LLC reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 40.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,583 shares of the company’s stock after selling 3,103 shares during the quarter. Arcadia Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $358,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Independence Bank of Kentucky raised its position in iShares MSCI USA Min Vol Factor ETF by 19.3% during the fourth quarter. Independence Bank of Kentucky now owns 3,985 shares of the company’s stock worth $311,000 after acquiring an additional 645 shares in the last quarter. Capital Planning LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10.5% in the fourth quarter. Capital Planning LLC now owns 104,456 shares of the company’s stock valued at $8,151,000 after purchasing an additional 9,938 shares during the last quarter. Wright Fund Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the fourth quarter. Wright Fund Management LLC now owns 189,452 shares of the company’s stock valued at $14,783,000 after purchasing an additional 845 shares during the last quarter. Berkshire Bank increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 14.4% in the fourth quarter. Berkshire Bank now owns 60,976 shares of the company’s stock valued at $4,758,000 after purchasing an additional 7,676 shares during the last quarter. Finally, Snider Financial Group increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the fourth quarter. Snider Financial Group now owns 79,219 shares of the company’s stock valued at $6,181,000 after purchasing an additional 478 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $82.68 on Thursday. The firm’s fifty day moving average price is $81.51 and its two-hundred day moving average price is $77.51. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a market cap of $31.72 billion, a P/E ratio of 20.17 and a beta of 0.75.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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