1900 Wealth Management LLC Lowers Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

1900 Wealth Management LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,914 shares of the company’s stock after selling 1,519 shares during the quarter. 1900 Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,829,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. AlphaMark Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $30,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $30,000. Sound Income Strategies LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares in the last quarter. Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $38,000. Finally, Bfsg LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.0 %

iShares MSCI USA Min Vol Factor ETF stock opened at $93.08 on Friday. The firm has a fifty day simple moving average of $90.83 and a two-hundred day simple moving average of $90.53. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company has a market capitalization of $27.27 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.