iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Nwam LLC

Nwam LLC lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 25,267 shares of the company’s stock after selling 5,299 shares during the period. Nwam LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,397,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Bank of Montreal Can grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% in the 2nd quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock worth $4,207,000 after purchasing an additional 4,045 shares during the last quarter. Cynosure Group LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% in the third quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock valued at $4,036,000 after buying an additional 6,104 shares in the last quarter. Accurate Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $203,000. Forefront Wealth Partners LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $4,341,000. Finally, Symmetry Partners LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 10.1% in the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock worth $24,703,000 after purchasing an additional 24,219 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $94.49 on Friday. The firm has a market cap of $24.11 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s 50 day moving average price is $94.28 and its 200 day moving average price is $93.97. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12.

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.