Atlas Private Wealth Advisors Sells 12,560 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Atlas Private Wealth Advisors lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 52.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 11,525 shares of the company’s stock after selling 12,560 shares during the period. Atlas Private Wealth Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,097,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Avion Wealth grew its stake in iShares MSCI USA Min Vol Factor ETF by 88.8% in the 2nd quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after acquiring an additional 143 shares in the last quarter. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $29,000. Manning & Napier Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $30,000. Grey Fox Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $35,000. Finally, Phillips Financial Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $46,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.1%

Shares of USMV stock opened at $94.97 on Friday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The stock has a fifty day simple moving average of $94.52 and a two-hundred day simple moving average of $94.06. The stock has a market capitalization of $24.24 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.