iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Mattern Wealth Management LLC

Mattern Wealth Management LLC lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,513 shares of the company’s stock after selling 350 shares during the period. Mattern Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,200,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of USMV. SpiderRock Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $629,000. EdgeRock Capital LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 7.4% in the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock valued at $57,937,000 after buying an additional 43,846 shares during the period. Gateway Wealth Partners LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 4.8% during the second quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock valued at $4,201,000 after buying an additional 2,304 shares in the last quarter. Finally, Bell Investment Advisors Inc grew its stake in iShares MSCI USA Min Vol Factor ETF by 42.2% during the third quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock worth $3,516,000 after buying an additional 11,432 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.6 %

Shares of USMV stock opened at $91.88 on Tuesday. The company has a market cap of $26.92 billion, a PE ratio of 25.30 and a beta of 0.59. The company’s fifty day simple moving average is $90.96 and its 200-day simple moving average is $90.21. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45.

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.