iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Position Trimmed by MorganRosel Wealth Management LLC

MorganRosel Wealth Management LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,462 shares of the company’s stock after selling 1,854 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 2.9% of MorganRosel Wealth Management LLC’s holdings, making the stock its 5th biggest position. MorganRosel Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,742,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in USMV. EdgeRock Capital LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.8% during the 4th quarter. EdgeRock Capital LLC now owns 72,398 shares of the company’s stock worth $6,428,000 after purchasing an additional 5,240 shares during the last quarter. Prasad Wealth Partners LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $832,000. BankPlus Trust Department acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $72,000. Edge Capital Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $336,000. Finally, Asset Advisors Investment Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.9% in the 4th quarter. Asset Advisors Investment Management LLC now owns 153,262 shares of the company’s stock valued at $13,608,000 after acquiring an additional 7,135 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.4 %

Shares of BATS USMV opened at $93.47 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The firm has a fifty day moving average of $90.80 and a 200-day moving average of $91.16. The stock has a market capitalization of $23.75 billion, a PE ratio of 24.43 and a beta of 0.79.

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.