ShoreHaven Wealth Partners LLC Sells 21,424 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

ShoreHaven Wealth Partners LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 52.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,426 shares of the company’s stock after selling 21,424 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 0.9% of ShoreHaven Wealth Partners LLC’s holdings, making the stock its 29th biggest holding. ShoreHaven Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,516,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of USMV. Cherry Tree Wealth Management LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock valued at $1,350,000 after purchasing an additional 160 shares during the last quarter. Peddock Capital Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.1% during the fourth quarter. Peddock Capital Advisors LLC now owns 12,840 shares of the company’s stock valued at $1,002,000 after purchasing an additional 266 shares in the last quarter. Petix & Botte Co boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 4th quarter. Petix & Botte Co now owns 65,423 shares of the company’s stock worth $5,105,000 after buying an additional 473 shares during the period. Apollon Wealth Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 41.5% during the fourth quarter. Apollon Wealth Management LLC now owns 100,570 shares of the company’s stock worth $7,847,000 after purchasing an additional 29,514 shares in the last quarter. Finally, TCI Wealth Advisors Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $485,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.0 %

iShares MSCI USA Min Vol Factor ETF stock traded up $0.02 during midday trading on Wednesday, reaching $82.14. 1,159,756 shares of the stock traded hands. The stock’s fifty day moving average is $81.80 and its 200-day moving average is $78.89. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a market cap of $24.07 billion, a P/E 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.