iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Position Lowered by Blake Schutter Theil Wealth Advisors LLC

Blake Schutter Theil Wealth Advisors LLC cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,482 shares of the company’s stock after selling 264 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 2.5% of Blake Schutter Theil Wealth Advisors LLC’s portfolio, making the stock its 7th largest position. Blake Schutter Theil Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,351,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Larson Financial Group LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 70.9% during the 4th quarter. Larson Financial Group LLC now owns 5,588 shares of the company’s stock valued at $496,000 after buying an additional 2,318 shares during the last quarter. Intellectus Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% during the 4th quarter. Intellectus Partners LLC now owns 17,403 shares of the company’s stock worth $1,545,000 after buying an additional 580 shares in the last quarter. Novus Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $1,300,000. K2 Financial Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $1,018,000. Finally, Destination Wealth Management boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 10.0% during the fourth quarter. Destination Wealth Management now owns 3,865 shares of the company’s stock worth $343,000 after buying an additional 350 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.9 %

Shares of BATS:USMV opened at $93.84 on Friday. The company has a market cap of $23.85 billion, a P/E ratio of 24.43 and a beta of 0.79. The company’s fifty day moving average is $91.57 and its two-hundred day moving average is $91.54. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

About iShares MSCI USA Min Vol Factor ETF

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.