Detalus Advisors LLC Sells 5,041 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Detalus Advisors LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 19.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,428 shares of the company’s stock after selling 5,041 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.7% of Detalus Advisors LLC’s holdings, making the stock its 28th largest holding. Detalus Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,957,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $30,000. Gleason Group Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $32,000. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $33,000. Strategic Financial Concepts LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth about $35,000. Finally, Bfsg LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after acquiring an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4 %

BATS USMV traded down $0.36 on Wednesday, reaching $92.09. The company’s stock had a trading volume of 904,065 shares. The business has a 50-day moving average price of $90.88 and a 200 day moving average price of $86.13. The firm has a market cap of $26.98 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.

iShares MSCI USA Min Vol Factor ETF Company 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.