iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by IHT Wealth Management LLC

IHT Wealth Management LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 102,644 shares of the company’s stock after selling 21,296 shares during the quarter. IHT Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,114,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $1,176,338,000. Lockheed Martin Investment Management Co. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $62,801,000. Sagespring Wealth Partners LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $32,129,000. LPL Financial LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% in the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock valued at $504,852,000 after purchasing an additional 328,291 shares during the period. Finally, Sequoia Financial Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 6,039.6% during the 4th quarter. Sequoia Financial Advisors LLC now owns 285,738 shares of the company’s stock valued at $25,371,000 after purchasing an additional 281,084 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $90.00 on Monday. The firm has a 50-day moving average of $91.98 and a two-hundred day moving average of $91.61. The stock has a market cap of $23.22 billion, a P/E ratio of 23.82 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $80.12 and a 1-year high of $95.12.

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.