Silverlake Wealth Management LLC Sells 176 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Silverlake Wealth Management LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,821 shares of the company’s stock after selling 176 shares during the quarter. Silverlake Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $428,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of USMV. Brighton Jones LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% in the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after buying an additional 111 shares during the period. Anchor Investment Management LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% in the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after buying an additional 112 shares during the period. Asset Dedication LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after buying an additional 121 shares during the period. Sensible Money LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% in the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after buying an additional 121 shares during the period. Finally, Foster Victor Wealth Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 4.8% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after buying an additional 123 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.2 %

USMV stock opened at $92.39 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm has a market cap of $27.07 billion, a P/E ratio of 25.30 and a beta of 0.59. The company’s 50-day moving average price is $90.90 and its two-hundred day moving average price is $90.46.

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.