Stonehearth Capital Management LLC Reduces Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Stonehearth Capital Management LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.5% in the 4th quarter, HoldingsChannel reports. The firm owned 8,668 shares of the company’s stock after selling 703 shares during the period. Stonehearth Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Ridgeline Wealth LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $549,000. Canandaigua National Bank & Trust Co. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.2% in the fourth quarter. Canandaigua National Bank & Trust Co. now owns 4,426 shares of the company’s stock worth $393,000 after purchasing an additional 177 shares in the last quarter. Insight Wealth Strategies LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.2% during the 4th quarter. Insight Wealth Strategies LLC now owns 343,489 shares of the company’s stock valued at $30,498,000 after purchasing an additional 4,163 shares during the period. Asset Advisors Investment Management LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.9% during the 3rd quarter. Asset Advisors Investment Management LLC now owns 146,127 shares of the company’s stock valued at $13,343,000 after purchasing an additional 8,188 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $328,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.5 %

USMV stock traded down $0.49 during trading on Tuesday, reaching $88.61. The company’s stock had a trading volume of 1,739,927 shares. The company’s fifty day moving average is $91.59 and its 200-day moving average is $89.68. The company has a market capitalization of $25.96 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.