Kaydan Wealth Management Inc. Reduces Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kaydan Wealth Management Inc. cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,565 shares of the company’s stock after selling 181 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 0.5% of Kaydan Wealth Management Inc.’s holdings, making the stock its 28th largest position. Kaydan Wealth Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,560,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. HB Wealth Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.6% during the fourth quarter. HB Wealth Management LLC now owns 20,711 shares of the company’s stock valued at $1,839,000 after buying an additional 2,948 shares during the last quarter. Merit Financial Group LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 9.5% during the 4th quarter. Merit Financial Group LLC now owns 76,827 shares of the company’s stock worth $6,821,000 after acquiring an additional 6,660 shares during the period. Saxon Interests Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 4th quarter. Saxon Interests Inc. now owns 17,791 shares of the company’s stock valued at $1,580,000 after purchasing an additional 165 shares during the last quarter. Capital Planning LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.5% in the fourth quarter. Capital Planning LLC now owns 117,575 shares of the company’s stock valued at $10,439,000 after purchasing an additional 562 shares during the period. Finally, Tallon Kerry Patrick purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $621,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.4 %

Shares of BATS USMV opened at $89.87 on Monday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The business’s 50 day moving average price is $91.16 and its 200 day moving average price is $89.98. The firm has a market cap of $26.33 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.