iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Kaydan Wealth Management Inc.

Kaydan Wealth Management Inc. decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,746 shares of the company’s stock after selling 1,824 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.5% of Kaydan Wealth Management Inc.’s portfolio, making the stock its 28th largest position. Kaydan Wealth Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,620,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in USMV. Raymond James & Associates lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 2nd quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after acquiring an additional 146,632 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the second quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after purchasing an additional 182,050 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after purchasing an additional 31,625 shares in the last quarter. Cetera Investment Advisers increased its stake in iShares MSCI USA Min Vol Factor ETF by 270.9% during the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after buying an additional 1,384,833 shares during the period. Finally, Quotient Wealth Partners LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.6% during the 3rd quarter. Quotient Wealth Partners LLC now owns 1,000,897 shares of the company’s stock worth $91,392,000 after buying an additional 15,821 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.5 %

Shares of USMV stock opened at $92.70 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm has a 50 day moving average of $90.43 and a two-hundred day moving average of $85.82. The stock has a market capitalization of $27.16 billion, a PE ratio of 25.30 and a beta of 0.59.

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.