Axxcess Wealth Management LLC Has $4.58 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Axxcess Wealth Management LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 8.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,745 shares of the company’s stock after selling 4,481 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,576,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Key Financial Inc increased its position in iShares MSCI USA Min Vol Factor ETF by 6.6% in the 1st quarter. Key Financial Inc now owns 1,794 shares of the company’s stock worth $168,000 after purchasing an additional 111 shares during the last quarter. Asset Dedication LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.3% in the 1st quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock worth $795,000 after purchasing an additional 112 shares during the last quarter. Sensible Money LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.3% in the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after purchasing an additional 112 shares during the last quarter. KPP Advisory Services LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 2.9% in the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after purchasing an additional 118 shares during the last quarter. Finally, Compass Wealth Management LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 82.0% in the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after purchasing an additional 123 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $94.71 on Wednesday. The firm has a market cap of $24.17 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business’s 50-day simple moving average is $94.06 and its 200-day simple moving average is $92.90. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Receive News & Ratings for iShares MSCI USA Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.