Certus Wealth Management LLC Decreases Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Certus Wealth Management LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 20.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,045 shares of the company’s stock after selling 2,766 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.7% of Certus Wealth Management LLC’s holdings, making the stock its 29th largest position. Certus Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $927,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $2,779,000. Simplex Trading LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $91,000. Fisher Asset Management LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% in the 4th quarter. Fisher Asset Management LLC now owns 4,554 shares of the company’s stock worth $355,000 after purchasing an additional 151 shares in the last quarter. Natixis Advisors L.P. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $938,000. Finally, Aveo Capital Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 22.8% in the 4th quarter. Aveo Capital Partners LLC now owns 6,821 shares of the company’s stock worth $532,000 after buying an additional 1,265 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.6 %

iShares MSCI USA Min Vol Factor ETF stock traded down $0.51 during mid-day trading on Wednesday, hitting $90.81. The stock had a trading volume of 1,947,090 shares. The firm has a market capitalization of $26.61 billion, a P/E ratio of 25.30 and a beta of 0.59. The firm’s 50 day moving average is $86.85 and its 200 day moving average is $83.89. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one 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.