Maia Wealth LLC Trims Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Maia Wealth LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,410 shares of the company’s stock after selling 380 shares during the period. Maia Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,416,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Stonebridge Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $28,000. AlphaMark Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at 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 increased its position in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth 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, Arrow Financial Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $45,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.7 %

iShares MSCI USA Min Vol Factor ETF stock opened at $94.60 on Friday. 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 fifty day moving average of $91.19 and a 200-day moving average of $91.37. The firm has a market capitalization of $24.04 billion, a P/E ratio of 24.43 and a beta of 0.79.

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.