Fiduciary Financial Group LLC Sells 9,140 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Fiduciary Financial Group LLC decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 40.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,470 shares of the company’s stock after selling 9,140 shares during the period. Fiduciary Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,299,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. WealthPLAN Partners LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 2.6% during the 4th quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock worth $392,000 after buying an additional 105 shares during the period. Millstone Evans Group LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% in the fourth quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock valued at $168,000 after buying an additional 106 shares during the period. Delta Wealth Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the first quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock worth $3,403,000 after acquiring an additional 108 shares during the last quarter. Mcmorgan & Co. LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the first quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock worth $2,619,000 after acquiring an additional 108 shares during the last quarter. Finally, KW Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock worth $1,276,000 after acquiring an additional 109 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $100.73 on Wednesday. The stock has a market capitalization of $25.71 billion, a PE ratio of 22.90 and a beta of 0.72. The business’s 50 day simple moving average is $96.95 and its 200 day simple moving average is $95.65. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $101.07.

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.