iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by ACT Advisors LLC.

ACT Advisors LLC. cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,469 shares of the company’s stock after selling 1,454 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 1.3% of ACT Advisors LLC.’s investment portfolio, making the stock its 12th biggest holding. ACT Advisors LLC.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,385,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of USMV. Trinity Wealth Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.5% in the first quarter. Trinity Wealth Management LLC now owns 165,523 shares of the company’s stock worth $15,503,000 after acquiring an additional 818 shares during the last quarter. Fermata Advisors LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 14.8% in the first quarter. Fermata Advisors LLC now owns 7,804 shares of the company’s stock worth $731,000 after acquiring an additional 1,006 shares during the last quarter. Sugar Maple Asset Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% in the first quarter. Sugar Maple Asset Management LLC now owns 46,206 shares of the company’s stock worth $4,328,000 after acquiring an additional 931 shares during the last quarter. Secure Asset Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the first quarter. Secure Asset Management LLC now owns 4,013 shares of the company’s stock worth $376,000 after acquiring an additional 166 shares during the last quarter. Finally, Granite Bay Wealth Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10.3% in the first quarter. Granite Bay Wealth Management LLC now owns 3,222 shares of the company’s stock worth $302,000 after acquiring an additional 302 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.6%

BATS USMV opened at $93.65 on Thursday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $82.32 and a fifty-two week high of $95.12. The stock has a market cap of $24.01 billion, a price-to-earnings ratio of 24.27 and a beta of 0.72. The business has a fifty day moving average of $91.54 and a 200-day moving average of $91.76.

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.