Destiny Wealth Partners LLC Sells 293 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Destiny Wealth Partners LLC cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 11,245 shares of the company’s stock after selling 293 shares during the period. Destiny Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $998,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Trinity Wealth Management LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 3.1% during the fourth quarter. Trinity Wealth Management LLC now owns 164,705 shares of the company’s stock valued at $14,624,000 after purchasing an additional 4,911 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $10,149,000. Great Diamond Partners LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $1,031,000. Caprock Group LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 49.0% in the fourth quarter. Caprock Group LLC now owns 21,151 shares of the company’s stock worth $1,878,000 after acquiring an additional 6,951 shares in the last quarter. Finally, Fortune Financial Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 3.8% during the fourth quarter. Fortune Financial Advisors LLC now owns 122,298 shares of the company’s stock worth $10,859,000 after acquiring an additional 4,427 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.8 %

Shares of USMV opened at $91.97 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a market cap of $26.95 billion, a PE ratio of 25.30 and a beta of 0.59. The business has a fifty day moving average of $90.96 and a 200 day moving average of $90.33.

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.