AlphaStar Capital Management LLC Sells 411 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

AlphaStar Capital Management LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,142 shares of the company’s stock after selling 411 shares during the period. AlphaStar Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $457,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of USMV. AlphaMark Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $30,000. Valued Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $30,000. Sound Income Strategies LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after buying an additional 143 shares during the period. Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $38,000. Finally, Bfsg LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after acquiring an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.73 on Monday. The stock has a market cap of $27.17 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm’s 50-day moving average is $90.76 and its two-hundred day moving average is $90.63. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.