iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,670 shares of the company’s stock after selling 300 shares during the quarter. Fiduciary Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,326,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Compass Wealth Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 82.0% during the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after buying an additional 123 shares during the last quarter. ROSS JOHNSON & Associates LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at approximately $28,000. Columbia River Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $30,000. Flaharty Asset Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $30,000. Finally, LRI Investments LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $33,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.3%

BATS:USMV opened at $94.23 on Friday. The firm has a market cap of $24.05 billion, a P/E ratio of 22.90 and a beta of 0.72. The stock’s 50 day simple moving average is $93.55 and its 200-day simple moving average is $92.67. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12.

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.