Ewa LLC Trims Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ewa LLC trimmed its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.7% during the 3rd quarter, Holdings Channel reports. The fund owned 17,289 shares of the company’s stock after selling 299 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 0.6% of Ewa LLC’s investment portfolio, making the stock its 26th largest position. Ewa LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,593,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of USMV. Brighton Jones LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% during the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after purchasing an additional 111 shares during the period. Asset Dedication LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after buying an additional 121 shares in the last quarter. Sensible Money LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.4% during the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after buying an additional 121 shares during the period. Foster Victor Wealth Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 4.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after buying an additional 123 shares in the last quarter. Finally, Independence Bank of Kentucky raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the second quarter. Independence Bank of Kentucky now owns 5,252 shares of the company’s stock worth $441,000 after acquiring an additional 125 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4 %

USMV stock opened at $93.53 on Monday. 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 simple moving average is $92.22 and its 200-day simple moving average is $88.62. The firm has a market cap of $27.40 billion, a P/E ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company 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.