Sugarloaf Wealth Management LLC Sells 8,417 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sugarloaf Wealth Management LLC trimmed its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 31.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,038 shares of the company’s stock after selling 8,417 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,602,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Brighton Jones LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% in the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after acquiring an additional 111 shares during the period. Anchor Investment Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% in the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the period. Asset Dedication LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after purchasing an additional 121 shares in the last quarter. Sensible Money LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after purchasing an additional 121 shares during the period. Finally, Foster Victor Wealth Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after buying an additional 123 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

Shares of USMV traded up $0.55 during trading hours on Friday, reaching $89.00. 1,745,776 shares of the company’s stock traded hands. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a market cap of $26.08 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s 50 day simple moving average is $91.48 and its 200-day simple moving average is $89.70.

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.