iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stake Lessened by High Net Worth Advisory Group LLC

High Net Worth Advisory Group LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 3.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 73,108 shares of the company’s stock after selling 2,637 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.8% of High Net Worth Advisory Group LLC’s holdings, making the stock its 9th largest position. High Net Worth Advisory Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,676,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in USMV. Headlands Technologies LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $30,000. Gleason Group Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $33,000. Strategic Financial Concepts LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at approximately $35,000. Finally, Naples Money Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $41,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.01 on Monday. The company has a 50-day simple moving average of $90.00 and a two-hundred day simple moving average of $85.65. The stock has a market capitalization of $26.96 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.

About iShares MSCI USA Min Vol Factor ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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