ACT Advisors LLC. Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

ACT Advisors LLC. reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,897 shares of the company’s stock after selling 572 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 1.1% of ACT Advisors LLC.’s portfolio, making the stock its 13th largest holding. ACT Advisors LLC.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,337,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Key Financial Inc grew its holdings in iShares MSCI USA Min Vol Factor ETF by 6.6% during the 1st quarter. Key Financial Inc now owns 1,794 shares of the company’s stock valued at $168,000 after purchasing an additional 111 shares during the last quarter. Asset Dedication LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock valued at $795,000 after purchasing an additional 112 shares during the last quarter. Sensible Money LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock valued at $828,000 after purchasing an additional 112 shares during the last quarter. Compass Wealth Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 82.0% during the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after purchasing an additional 123 shares during the last quarter. Finally, Cynosure Group LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 1st quarter. Cynosure Group LLC now owns 36,192 shares of the company’s stock valued at $3,390,000 after purchasing an additional 127 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.0%

Shares of BATS:USMV opened at $93.97 on Tuesday. The company has a market capitalization of $23.98 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The firm’s 50-day moving average is $93.59 and its 200 day moving average is $92.66.

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.