One Wealth Advisors LLC Trims Stake in iShares MSCI USA Min Vol Factor ETF $USMV

One Wealth Advisors LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 19.8% during the 4th quarter, HoldingsChannel reports. The fund owned 28,435 shares of the company’s stock after selling 7,027 shares during the period. One Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,794,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Frankly Finances LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $25,000. Investors Research Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $26,000. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $29,000. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $29,000. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $30,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.1%

Shares of USMV opened at $94.58 on Friday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $98.07. The company has a market cap of $24.14 billion, a P/E ratio of 22.90 and a beta of 0.72. The company’s fifty day simple moving average is $94.46 and its 200-day simple moving average is $94.46.

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.