iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,347 shares of the company’s stock after selling 1,997 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.8% of Acorn Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest position. Acorn Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,381,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Stonebridge Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $28,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000. Sound Income Strategies LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after acquiring an additional 143 shares during the last quarter. Finally, Fortitude Family Office LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $93.47 on Tuesday. The business has a fifty day moving average price of $90.80 and a two-hundred day moving average price of $91.16. The stock has a market capitalization of $23.75 billion, a PE ratio of 24.43 and a beta of 0.79. 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.

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.