iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 18.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 117,534 shares of the company’s stock after selling 26,657 shares during the quarter. Merit Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,171,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Yarger Wealth Strategies LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the fourth quarter. Yarger Wealth Strategies LLC now owns 13,832 shares of the company’s stock worth $1,079,000 after acquiring an additional 139 shares during the period. Hoese & Co LLP increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the 4th quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock valued at $4,123,000 after purchasing an additional 140 shares in the last quarter. Archer Investment Corp raised its holdings in iShares MSCI USA Min Vol Factor ETF by 3.4% in the 3rd quarter. Archer Investment Corp now owns 4,462 shares of the company’s stock worth $323,000 after purchasing an additional 146 shares during the period. Adamsbrown Wealth Consultants LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.9% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 3,220 shares of the company’s stock worth $251,000 after purchasing an additional 149 shares during the period. Finally, Sandy Spring Bank boosted its position in iShares MSCI USA Min Vol Factor ETF by 25.7% during the fourth quarter. Sandy Spring Bank now owns 734 shares of the company’s stock worth $57,000 after purchasing an additional 150 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

Shares of iShares MSCI USA Min Vol Factor ETF stock traded up $0.47 on Friday, reaching $81.11. The company’s stock had a trading volume of 2,341,851 shares. The company has a market capitalization of $23.77 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock has a 50-day moving average price of $81.78 and a 200-day moving average price of $78.68. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.