iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by McNaughton Wealth Management LLC

McNaughton Wealth Management LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,843 shares of the company’s stock after selling 5,919 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 1.4% of McNaughton Wealth Management LLC’s portfolio, making the stock its 23rd largest position. McNaughton Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,940,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Frankly Finances LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $25,000. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $29,000. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $29,000. Ankerstar Wealth LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $31,000. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $33,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.0%

Shares of USMV opened at $99.69 on Thursday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $100.24. The firm has a market capitalization of $25.44 billion, a P/E ratio of 22.90 and a beta of 0.72. The stock’s fifty day simple moving average is $96.65 and its 200 day simple moving average is $95.47.

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.