Wells Financial Advisors INC Sells 28,063 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Wells Financial Advisors INC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 74.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,502 shares of the company’s stock after selling 28,063 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 4.0% of Wells Financial Advisors INC’s investment portfolio, making the stock its 8th biggest holding. Wells Financial Advisors INC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $881,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of USMV. Ritholtz Wealth Management bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $74,238,000. BNP Paribas Financial Markets boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 10,472.3% during the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after purchasing an additional 793,173 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 99.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock valued at $106,053,000 after purchasing an additional 569,762 shares in the last quarter. Two Sigma Investments LP boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% during the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after purchasing an additional 565,200 shares in the last quarter. Finally, Catalyst Capital Advisors LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 13.0% during the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after purchasing an additional 489,637 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $96.60 on Monday. The company has a market cap of $24.65 billion, a P/E ratio of 22.90 and a beta of 0.72. The stock has a 50 day simple moving average of $96.10 and a two-hundred day simple moving average of $95.16. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.73.

iShares MSCI USA Min Vol Factor ETF 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.