Apollon Wealth Management LLC Has $5.78 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Apollon Wealth Management LLC reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 26.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,886 shares of the company’s stock after selling 24,418 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,784,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Cherry Tree Wealth Management LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock worth $1,350,000 after acquiring an additional 160 shares during the last quarter. ARS Wealth Advisors Group LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 4.5% in the fourth quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock worth $39,946,000 after purchasing an additional 22,057 shares in the last quarter. EWA LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 9.2% during the fourth quarter. EWA LLC now owns 115,354 shares of the company’s stock valued at $9,269,000 after acquiring an additional 9,725 shares during the period. Criterion Capital Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $42,000. Finally, Camden National Bank boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Camden National Bank now owns 61,741 shares of the company’s stock valued at $4,818,000 after acquiring an additional 2,188 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

USMV stock traded up $0.56 during mid-day trading on Monday, reaching $89.45. 2,253,314 shares of the stock traded hands. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The business has a 50-day moving average of $85.22 and a two-hundred day moving average of $83.03. The firm has a market capitalization of $26.21 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Profile

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.