Advocacy Wealth Management Services LLC Cuts Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Advocacy Wealth Management Services LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 16,734 shares of the company’s stock after selling 2,368 shares during the quarter. Advocacy Wealth Management Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,528,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Headlands Technologies LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth $30,000. Gleason Group Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $32,000. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $33,000. Fortitude Family Office LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $38,000. Finally, Bfsg LLC grew its holdings in 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 valued at $39,000 after purchasing an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $92.63 on Friday. The firm has a market capitalization of $27.14 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. 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’s fifty day moving average is $91.22 and its two-hundred day moving average is $86.91.

About iShares MSCI USA Min Vol Factor ETF

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.