Princeton Global Asset Management LLC Sells 10,800 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Princeton Global Asset Management LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 94.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 600 shares of the company’s stock after selling 10,800 shares during the quarter. Princeton Global Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $56,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Catalyst Capital Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 13.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after purchasing an additional 489,637 shares during the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at $201,000. MRA Advisory Group bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at about $212,000. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at about $42,000. Finally, Maridea Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 34.0% during the 1st quarter. Maridea Wealth Management LLC now owns 11,895 shares of the company’s stock worth $1,103,000 after buying an additional 3,018 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $96.16 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07. The firm has a market cap of $24.54 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm’s 50-day simple moving average is $95.22 and its 200 day simple moving average is $94.88.

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.