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

West Wealth Group LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 37.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 45,095 shares of the company’s stock after selling 26,984 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 1.4% of West Wealth Group LLC’s investment portfolio, making the stock its 15th largest position. West Wealth Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,519,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of USMV. Moneta Group Investment Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 140,054.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock valued at $790,321,000 after acquiring an additional 10,953,635 shares during the last quarter. FMR LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock valued at $1,928,493,000 after buying an additional 9,059,409 shares in the last quarter. Allstate Investment Management Co. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $308,588,000. Catalyst Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $259,275,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $246,963,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV traded up $0.96 during mid-day trading on Thursday, reaching $83.38. The stock had a trading volume of 1,594,497 shares. The firm has a market cap of $31.98 billion, a price-to-earnings ratio of 20.17 and a beta of 0.75. The business has a fifty day moving average of $81.13 and a 200 day moving average of $77.22. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

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.