Rockwood Wealth Management LLC Sells 351 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Rockwood Wealth Management LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 10.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,048 shares of the company’s stock after selling 351 shares during the quarter. Rockwood Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $278,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in USMV. Global Retirement Partners LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 173.9% in the 3rd quarter. Global Retirement Partners LLC now owns 115,700 shares of the company’s stock valued at $10,565,000 after buying an additional 73,454 shares during the last quarter. Good Life Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 194.5% during the third quarter. Good Life Advisors LLC now owns 47,838 shares of the company’s stock valued at $4,368,000 after acquiring an additional 31,596 shares during the period. Summit Investment Advisory Services LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $2,454,000. Financial Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after purchasing an additional 16,576 shares during the period. Finally, Sensible Money LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after purchasing an additional 121 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock traded up $0.46 during trading hours on Thursday, reaching $92.70. 1,257,601 shares of the company’s stock traded hands. The firm has a market capitalization of $27.16 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm’s 50 day moving average is $90.43 and its 200-day moving average is $85.82.

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.