FORM Wealth Advisors LLC Sells 6,424 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

FORM Wealth Advisors LLC lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 64.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,607 shares of the company’s stock after selling 6,424 shares during the quarter. FORM Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $348,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Frankly Finances LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $25,000. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $29,000. Chapman Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $29,000. Ankerstar Wealth LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $31,000. Finally, Garton & Associates Financial Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $33,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $100.73 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $101.07. The stock’s 50 day simple moving average is $96.95 and its two-hundred day simple moving average is $95.65. The company has a market cap of $25.71 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.