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

Schrum Private Wealth Management LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 43.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,382 shares of the company’s stock after selling 8,758 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,011,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Millburn Ridgefield Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after purchasing an additional 180,849 shares in the last quarter. Darrow Company Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after acquiring an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $1,529,000. SpiderRock Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $629,000. Finally, Advisors Preferred LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $438,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $93.76 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a 50 day simple moving average of $91.44 and a 200-day simple moving average of $91.48. The stock has a market cap of $23.82 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.

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.