iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Financial Life Advisors

Financial Life Advisors cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,137 shares of the company’s stock after selling 2,671 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.6% of Financial Life Advisors’ holdings, making the stock its 22nd biggest position. Financial Life Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,656,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Asset Dedication LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after purchasing an additional 121 shares during the last quarter. Sensible Money LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after acquiring an additional 121 shares in the last quarter. Sage Capital Advisors llc lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the 2nd quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after acquiring an additional 123 shares in the last quarter. Foster Victor Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after acquiring an additional 123 shares in the last quarter. Finally, Independence Bank of Kentucky lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the 2nd quarter. Independence Bank of Kentucky now owns 5,252 shares of the company’s stock valued at $441,000 after acquiring an additional 125 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $92.45 on Tuesday. The company has a market cap of $27.09 billion, a PE ratio of 25.30 and a beta of 0.59. 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 50 day simple moving average of $90.79 and a 200 day simple moving average of $86.06.

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.