iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Schrum Private Wealth Management LLC

Schrum Private Wealth Management LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 43.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,382 shares of the company’s stock after selling 8,758 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,011,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of USMV. Opulen Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $443,000. Pinnacle Wealth Planning Services Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $665,000. Raymond James Financial Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $1,176,338,000. Symphony Financial Services Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 8.2% during the fourth quarter. Symphony Financial Services Inc. now owns 20,225 shares of the company’s stock worth $1,796,000 after buying an additional 1,535 shares during the period. Finally, Atria Investments Inc lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.1% in the fourth quarter. Atria Investments Inc now owns 59,151 shares of the company’s stock valued at $5,252,000 after buying an additional 1,221 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.8 %

Shares of USMV opened at $93.76 on Thursday. The company’s 50 day simple moving average is $91.44 and its 200-day simple moving average is $91.48. 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 has a market cap of $23.82 billion, a PE ratio of 24.43 and a beta of 0.79.

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.