Goldstein Advisors LLC Has $974,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Goldstein Advisors LLC cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,601 shares of the company’s stock after selling 750 shares during the quarter. Goldstein Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $974,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Gleason Group Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $32,000. SYM FINANCIAL Corp grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% during the 4th quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock valued at $38,000 after purchasing an additional 340 shares during the last quarter. Naples Money Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at approximately $41,000. Gradient Investments LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 49,700.0% during the 2nd quarter. Gradient Investments LLC now owns 498 shares of the company’s stock valued at $42,000 after purchasing an additional 497 shares during the last quarter. Finally, ESL Trust Services LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at approximately $51,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.22 during midday trading on Friday, hitting $89.74. 2,479,597 shares of the company traded hands. The stock has a market cap of $26.29 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm’s fifty day moving average price is $85.75 and its 200-day moving average price is $83.25. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

iShares MSCI USA Min Vol Factor ETF 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.