iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Brass Tax Wealth Management Inc.

Brass Tax Wealth Management Inc. reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,068 shares of the company’s stock after selling 2,741 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 1.3% of Brass Tax Wealth Management Inc.’s investment portfolio, making the stock its 18th biggest holding. Brass Tax Wealth Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,476,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% during the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after buying an additional 111 shares during the last quarter. Anchor Investment Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after purchasing an additional 112 shares in the last quarter. Asset Dedication LLC raised 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 purchasing an additional 121 shares in the last quarter. Sensible Money LLC raised its holdings 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 worth $797,000 after purchasing an additional 121 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 4.8% during the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after purchasing an additional 123 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3 %

BATS:USMV traded down $0.26 during midday trading on Friday, hitting $91.94. 1,566,559 shares of the stock were exchanged. The business has a 50-day moving average price of $92.32 and a two-hundred day moving average price of $88.80. The company has a market capitalization of $26.94 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

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.