iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,942 shares of the company’s stock after selling 1,812 shares during the quarter. Level Four Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,905,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% in the 2nd quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock valued at $4,207,000 after purchasing an additional 4,045 shares during the period. Accurate Wealth Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $203,000. Symmetry Partners LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 10.1% in the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after buying an additional 24,219 shares during the period. Allworth Financial LP lifted its position in iShares MSCI USA Min Vol Factor ETF by 30.1% in the 2nd quarter. Allworth Financial LP now owns 78,585 shares of the company’s stock worth $7,377,000 after buying an additional 18,167 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $283,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.5%

iShares MSCI USA Min Vol Factor ETF stock opened at $95.28 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The stock has a market cap of $24.31 billion, a P/E ratio of 22.90 and a beta of 0.72. The company’s fifty day simple moving average is $94.13 and its 200-day simple moving average is $93.62.

About iShares MSCI USA Min Vol Factor ETF

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.