Avior Wealth Management LLC Sells 2,362 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Avior Wealth Management LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,814 shares of the company’s stock after selling 2,362 shares during the period. Avior Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,901,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $30,000. Gleason Group Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $32,000. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $33,000. Strategic Financial Concepts LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $35,000. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $91.37 on Wednesday. The business has a 50-day moving average of $91.50 and a 200 day moving average of $87.56. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The stock has a market capitalization of $26.77 billion, a PE 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.