Cherry Tree Wealth Management LLC Sells 816 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Cherry Tree Wealth Management LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,458 shares of the company’s stock after selling 816 shares during the period. Cherry Tree Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,284,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of USMV. Trueblood Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $220,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $15,482,000. J.W. Cole Advisors Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 101,507 shares of the company’s stock valued at $9,269,000 after acquiring an additional 1,934 shares in the last quarter. Richardson Financial Services Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 7.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 7,185 shares of the company’s stock valued at $607,000 after acquiring an additional 477 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in iShares MSCI USA Min Vol Factor ETF by 3.7% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 14,870 shares of the company’s stock valued at $1,358,000 after acquiring an additional 532 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $93.06 on Monday. The stock has a market capitalization of $27.27 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock’s 50 day moving average price is $90.80 and its two-hundred day moving average price is $91.16. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45.

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.