TSA Wealth Managment LLC Trims Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

TSA Wealth Managment LLC cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 18.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,773 shares of the company’s stock after selling 851 shares during the quarter. TSA Wealth Managment LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Cetera Investment Advisers boosted its stake in iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after buying an additional 1,384,833 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at about $83,046,000. Carrera Capital Advisors bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $33,148,000. Symmetry Partners LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 75.6% in the second quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after acquiring an additional 331,096 shares during the period. Finally, Granite Bay Wealth Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5,487.5% in the second quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock worth $27,303,000 after acquiring an additional 325,904 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.0 %

Shares of USMV stock opened at $91.17 on Friday. The company has a 50 day simple moving average of $91.43 and a two-hundred day simple moving average of $87.32. The stock has a market cap of $26.71 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

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.