Austin Private Wealth LLC Cuts Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Austin Private Wealth LLC reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,644 shares of the company’s stock after selling 391 shares during the period. Austin Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $789,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $30,000. Gleason Group Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $33,000. Strategic Financial Concepts LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $35,000. Finally, Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.03 during trading hours on Tuesday, reaching $89.94. 1,222,787 shares of the company were exchanged. The firm has a market cap of $26.35 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock’s fifty day moving average is $91.13 and its 200 day moving average is $86.76.

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.