Austin Private Wealth LLC Sells 1,741 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Austin Private Wealth LLC lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 23.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,560 shares of the company’s stock after selling 1,741 shares during the period. Austin Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $522,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 2nd quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock valued at $1,420,000 after buying an additional 110 shares during the period. Key Financial Inc boosted its position in iShares MSCI USA Min Vol Factor ETF by 6.6% during the 1st quarter. Key Financial Inc now owns 1,794 shares of the company’s stock valued at $168,000 after buying an additional 111 shares during the period. Asset Dedication LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock valued at $795,000 after buying an additional 112 shares during the period. Sensible Money LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock valued at $828,000 after buying an additional 112 shares during the period. Finally, KPP Advisory Services LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% in the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after purchasing an additional 118 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.4%

BATS:USMV opened at $94.29 on Wednesday. The company has a 50-day moving average price of $94.31 and a 200-day moving average price of $93.26. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The stock has a market cap of $24.06 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.