Wealthcare Advisory Partners LLC Trims Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wealthcare Advisory Partners LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,249 shares of the company’s stock after selling 718 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,798,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of USMV. Fortitude Family Office LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $38,000. Bfsg LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares during the period. Arrow Financial Corp purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $45,000. Eastern Bank acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $92,000. Finally, American Capital Advisory LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1,460.0% during the 3rd quarter. American Capital Advisory LLC now owns 1,014 shares of the company’s stock worth $93,000 after purchasing an additional 949 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $89.87 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock has a market capitalization of $26.33 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50-day simple moving average of $91.16 and a 200-day simple moving average of $89.94.

About iShares MSCI USA Min Vol Factor ETF

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.