Sugarloaf Wealth Management LLC Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sugarloaf Wealth Management LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 31.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,038 shares of the company’s stock after selling 8,417 shares during the period. Sugarloaf Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,602,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $30,000. Strategic Financial Concepts LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $35,000. Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $38,000. Bfsg LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the last quarter. Finally, Arrow Financial Corp bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $45,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV traded up $0.55 during trading on Friday, hitting $89.00. The company’s stock had a trading volume of 1,745,776 shares. The firm has a market cap of $26.08 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50-day moving average of $91.48 and a 200-day moving average of $89.70. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month 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.