Gladstone Institutional Advisory LLC Sells 6,709 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Gladstone Institutional Advisory LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 87,675 shares of the company’s stock after selling 6,709 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,785,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stonebridge Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $28,000. AlphaMark Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $30,000. Valued Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $30,000. Sound Income Strategies LLC raised its position in shares of 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 purchasing an additional 143 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $93.20 on Wednesday. The firm has a market cap of $27.31 billion, a P/E 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 firm has a 50-day simple moving average of $90.74 and a two-hundred day simple moving average of $90.72.

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.