Client 1ST Advisory Group LLC Sells 377 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Client 1ST Advisory Group LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.0% in the second quarter, Holdings Channel.com reports. The fund owned 8,982 shares of the company’s stock after selling 377 shares during the period. Client 1ST Advisory Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $843,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Compass Wealth Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% during the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after acquiring an additional 123 shares in the last quarter. ROSS JOHNSON & Associates LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $28,000. Flaharty Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $30,000. Columbia River Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $30,000. Finally, LRI Investments LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth $33,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.3%

USMV opened at $95.12 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The company has a market cap of $24.27 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The stock has a fifty day simple moving average of $93.76 and a two-hundred day simple moving average of $92.76.

iShares MSCI USA Min Vol Factor ETF 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.