iShares MSCI USA Min Vol Factor ETF $USMV Position Lessened by West Wealth Group LLC

West Wealth Group LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 80.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,432 shares of the company’s stock after selling 14,211 shares during the quarter. West Wealth Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $334,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Catalyst Capital Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after buying an additional 489,637 shares during the period. Cetera Investment Advisers grew its position in iShares MSCI USA Min Vol Factor ETF by 1.9% in the first quarter. Cetera Investment Advisers now owns 2,162,456 shares of the company’s stock valued at $200,546,000 after acquiring an additional 39,289 shares during the period. Sei Investments Co. grew its position in iShares MSCI USA Min Vol Factor ETF by 1.9% in the first quarter. Sei Investments Co. now owns 1,560,042 shares of the company’s stock valued at $144,677,000 after acquiring an additional 28,733 shares during the period. Geneos Wealth Management Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 99.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock valued at $106,053,000 after acquiring an additional 569,762 shares during the period. Finally, Brookstone Capital Management grew its position in iShares MSCI USA Min Vol Factor ETF by 4.6% in the first quarter. Brookstone Capital Management now owns 893,614 shares of the company’s stock valued at $82,874,000 after acquiring an additional 39,266 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $100.63 on Thursday. The stock has a market cap of $25.68 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a fifty day moving average of $100.03 and a two-hundred day moving average of $97.13. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $102.21.

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.