1900 Wealth Management LLC Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

1900 Wealth Management LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,914 shares of the company’s stock after selling 1,519 shares during the period. 1900 Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,829,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. AlphaMark Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $30,000. Valued Wealth Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $30,000. Sound Income Strategies LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares during the period. Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $38,000. Finally, Bfsg LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $93.08 on Friday. The stock has a market capitalization of $27.27 billion, a PE ratio of 25.30 and a beta of 0.59. The stock’s 50 day moving average price is $90.83 and its 200-day moving average price is $90.53. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.