iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Keystone Wealth Services LLC

Keystone Wealth Services LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,091 shares of the company’s stock after selling 388 shares during the period. Keystone Wealth Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,340,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stonebridge Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $28,000. AlphaMark Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $30,000. Valued Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $30,000. Sound Income Strategies LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after acquiring an additional 143 shares during the period. Finally, Arrow Financial Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $45,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.60 on Monday. The stock has a market capitalization of $24.04 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. The firm’s fifty day simple moving average is $91.19 and its 200-day simple moving average is $91.40. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

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.