iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by M3 Advisory Group LLC

M3 Advisory Group LLC lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,639 shares of the company’s stock after selling 457 shares during the quarter. M3 Advisory Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $248,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brown Advisory Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 8.9% in the first quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after buying an additional 1,387 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 102.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after buying an additional 3,352,591 shares during the last quarter. Accurate Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $203,000. Symmetry Partners LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 10.1% in the second quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after buying an additional 24,219 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $283,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $94.01 on Monday. The stock has a market capitalization of $23.99 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The company’s 50-day simple moving average is $94.00 and its 200-day simple moving average is $92.87.

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.