Advocacy Wealth Management Services LLC Trims Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Advocacy Wealth Management Services LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USMV. Cetera Investment Advisers lifted its stake in iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after buying an additional 1,384,833 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth approximately $83,046,000. Carrera Capital Advisors purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $33,148,000. Symmetry Partners LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 75.6% during the second quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after purchasing an additional 331,096 shares during the last quarter. Finally, Granite Bay Wealth Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5,487.5% during the second quarter. Granite Bay Wealth Management LLC now owns 331,843 shares of the company’s stock worth $27,303,000 after purchasing an additional 325,904 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $92.63 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The business has a 50 day simple moving average of $91.22 and a 200-day simple moving average of $86.91. The stock has a market capitalization of $27.14 billion, a PE ratio of 25.30 and a beta of 0.59.

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.