iShares MSCI USA Min Vol Factor ETF $USMV Position Lessened by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 75.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,835 shares of the company’s stock after selling 24,072 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $727,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Frankly Finances LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $25,000. Investors Research Corp bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $26,000. Elevated Capital Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $29,000. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $29,000. Finally, Abound Wealth Management grew its stake in iShares MSCI USA Min Vol Factor ETF by 437.1% during the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after buying an additional 271 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 1.2%

BATS USMV opened at $95.99 on Friday. The firm has a market cap of $24.50 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07. The company has a 50 day moving average of $95.18 and a 200-day moving average of $94.86.

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.