B. Riley Wealth Advisors Inc. Sells 2,395 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

B. Riley Wealth Advisors Inc. trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.7% in the third quarter, Holdings Channel reports. The firm owned 33,128 shares of the company’s stock after selling 2,395 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,015,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of USMV. Headlands Technologies LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $30,000. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $33,000. Strategic Financial Concepts LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $35,000. Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $38,000. Finally, Bfsg LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after purchasing an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3 %

Shares of BATS USMV opened at $91.66 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a 50 day moving average of $92.34 and a 200-day moving average of $88.91. The company has a market capitalization of $26.86 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.