BCGM Wealth Management LLC Lowers Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

BCGM Wealth Management LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% during the third quarter, HoldingsChannel.com reports. The firm owned 18,879 shares of the company’s stock after selling 195 shares during the quarter. BCGM Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,724,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% in the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after purchasing an additional 111 shares in the last quarter. Asset Dedication LLC raised its position in shares of 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 valued at $765,000 after buying an additional 121 shares during the last quarter. Sensible Money LLC raised its position in shares of 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 valued at $797,000 after buying an additional 121 shares during the last quarter. Sage Capital Advisors llc boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% during the second quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock worth $448,000 after acquiring an additional 123 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC boosted its position in shares of 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 acquiring an additional 123 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $91.15 on Friday. The company has a market cap of $26.71 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The firm’s fifty day moving average is $91.47 and its two-hundred day moving average is $87.39.

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.