HBW Advisory Services LLC Sells 313 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

HBW Advisory Services LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 11.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,460 shares of the company’s stock after selling 313 shares during the period. HBW Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $207,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of USMV. Phillips Wealth Planners LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 2.3% in the 4th quarter. Phillips Wealth Planners LLC now owns 5,887 shares of the company’s stock valued at $464,000 after buying an additional 134 shares during the last quarter. GW Henssler & Associates Ltd. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 1st quarter. GW Henssler & Associates Ltd. now owns 10,850 shares of the company’s stock valued at $907,000 after purchasing an additional 135 shares during the period. Adamsbrown Wealth Consultants LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.9% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 3,220 shares of the company’s stock valued at $251,000 after purchasing an additional 149 shares during the period. Sandy Spring Bank lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 25.7% in the 4th quarter. Sandy Spring Bank now owns 734 shares of the company’s stock valued at $57,000 after purchasing an additional 150 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% in the 4th quarter. Fisher Asset Management LLC now owns 4,554 shares of the company’s stock valued at $355,000 after purchasing an additional 151 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

iShares MSCI USA Min Vol Factor ETF stock traded up $0.55 during mid-day trading on Tuesday, hitting $85.50. 11,539,236 shares of the company’s stock were exchanged. The firm has a market capitalization of $25.05 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The company’s 50 day simple moving average is $84.40 and its 200-day simple moving average is $82.57.

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.