Cyndeo Wealth Partners LLC Sells 5,482 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cyndeo Wealth Partners LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 35,535 shares of the company’s stock after selling 5,482 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,155,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sound Income Strategies LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $38,000. Bfsg LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the last quarter. Arrow Financial Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $45,000. Finally, Eastern Bank bought a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $92,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $90.97 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a market cap of $26.65 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock has a 50 day simple moving average of $90.96 and a two-hundred day simple moving average of $90.13.

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.