Lodestar Private Asset Management LLC Sells 1,345 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Lodestar Private Asset Management LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.2% in the third quarter, Holdings Channel reports. The firm owned 30,699 shares of the company’s stock after selling 1,345 shares during the period. Lodestar Private Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $30,000. Gleason Group Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $32,000. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $33,000. Strategic Financial Concepts LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at approximately $35,000. Finally, Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.1 %

BATS:USMV opened at $91.06 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm’s 50 day moving average is $91.13 and its 200 day moving average is $86.47. The stock has a market capitalization of $26.68 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.