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

WT Wealth Management cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,728 shares of the company’s stock after selling 713 shares during the period. WT Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,284,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of USMV. Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $38,000. First Trust Direct Indexing L.P. grew its stake in iShares MSCI USA Min Vol Factor ETF by 30.1% in the third quarter. First Trust Direct Indexing L.P. now owns 13,600 shares of the company’s stock worth $1,242,000 after purchasing an additional 3,150 shares in the last quarter. Diversify Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $298,000. JFS Wealth Advisors LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 13.0% in the third quarter. JFS Wealth Advisors LLC now owns 3,892 shares of the company’s stock worth $355,000 after purchasing an additional 449 shares in the last quarter. Finally, Financial Advocates Investment Management grew its stake in iShares MSCI USA Min Vol Factor ETF by 43.2% in the third quarter. Financial Advocates Investment Management now owns 87,309 shares of the company’s stock worth $7,974,000 after purchasing an additional 26,322 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $93.31 on Thursday. The company has a market capitalization of $23.71 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock has a 50-day simple moving average of $90.97 and a 200 day simple moving average of $91.27.

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.