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

Goldstone Financial Group LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,285 shares of the company’s stock after selling 294 shares during the quarter. Goldstone Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,338,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in USMV. Kelly Financial Group LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 14.0% in the first quarter. Kelly Financial Group LLC now owns 73,888 shares of the company’s stock worth $6,920,000 after buying an additional 9,056 shares during the last quarter. High Probability Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 2.5% during the 1st quarter. High Probability Advisors LLC now owns 349,019 shares of the company’s stock worth $32,689,000 after purchasing an additional 8,639 shares in the last quarter. Salem Investment Counselors Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 8.3% during the 1st quarter. Salem Investment Counselors Inc. now owns 7,799 shares of the company’s stock worth $730,000 after purchasing an additional 598 shares in the last quarter. Puff Wealth Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $593,000. Finally, NorthCrest Asset Manangement LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $774,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $92.95 on Friday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $82.44 and a twelve month high of $95.12. The stock has a market cap of $23.83 billion, a price-to-earnings ratio of 24.27 and a beta of 0.72. The firm’s 50 day moving average price is $91.94 and its two-hundred day moving average price is $91.78.

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.