Wetzel Investment Advisors Inc. Trims Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wetzel Investment Advisors Inc. trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,278 shares of the company’s stock after selling 310 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 0.9% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 27th biggest position. Wetzel Investment Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,806,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 102.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after purchasing an additional 3,352,591 shares during the period. Millennium Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 76.8% in the fourth quarter. Millennium Management LLC now owns 12,150 shares of the company’s stock worth $1,079,000 after purchasing an additional 5,277 shares during the period. MGO One Seven LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the fourth quarter. MGO One Seven LLC now owns 61,939 shares of the company’s stock worth $5,500,000 after acquiring an additional 606 shares during the last quarter. Pacific Center for Financial Services grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Pacific Center for Financial Services now owns 131,406 shares of the company’s stock worth $11,668,000 after acquiring an additional 940 shares during the last quarter. Finally, MONECO Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the fourth quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after acquiring an additional 427 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.5%

BATS USMV opened at $91.76 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.55 and a 12 month high of $95.12. The stock has a market cap of $23.53 billion, a P/E ratio of 24.27 and a beta of 0.72. The stock’s fifty day moving average price is $92.28 and its 200-day moving average price is $91.67.

iShares MSCI USA Min Vol Factor ETF Company 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.