Tranquility Partners LLC Sells 2,133 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Tranquility Partners LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,537 shares of the company’s stock after selling 2,133 shares during the period. Tranquility Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,215,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Darrow Company Inc. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after acquiring an additional 1,256 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $1,529,000. SpiderRock Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $629,000. Advisors Preferred LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $438,000. Finally, EdgeRock Capital LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after buying an additional 3,371 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $92.88 on Thursday. 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 firm’s fifty day moving average is $90.73 and its 200 day moving average is $90.77. The stock has a market cap of $27.21 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.