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

Foguth Wealth Management LLC. reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 55.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 3,483 shares of the company’s stock after selling 4,393 shares during the period. Foguth Wealth Management LLC.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $292,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Gleason Group Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth about $32,000. SYM FINANCIAL Corp boosted its position in iShares MSCI USA Min Vol Factor ETF by 232.9% during the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after purchasing an additional 340 shares in the last quarter. Naples Money Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $41,000. Criterion Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $42,000. Finally, ESL Trust Services LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $51,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock traded up $0.69 on Tuesday, reaching $87.39. 1,580,375 shares of the company were exchanged. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The business has a 50-day moving average price of $84.90 and a 200 day moving average price of $82.86. The company has a market cap of $25.61 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.