Austin Private Wealth LLC Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Austin Private Wealth LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,644 shares of the company’s stock after selling 391 shares during the quarter. Austin Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $789,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of USMV. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $30,000. Gleason Group Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $32,000. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $33,000. Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $38,000. Finally, Bfsg LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.0 %

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.03 on Tuesday, hitting $89.94. The stock had a trading volume of 1,222,787 shares. The stock has a market cap of $26.35 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company’s 50 day moving average price is $91.13 and its 200 day moving average price is $86.76.

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.