Apollon Wealth Management LLC Sells 455 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Apollon Wealth Management LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,590 shares of the company’s stock after selling 455 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,202,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in USMV. GAMMA Investing LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 17.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,977 shares of the company’s stock worth $181,000 after purchasing an additional 298 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth $247,000. Daymark Wealth Partners LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $283,000. Watts Gwilliam & Co. LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $395,000. Finally, Beaumont Financial Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.7% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 4,879 shares of the company’s stock valued at $445,000 after buying an additional 128 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.6 %

BATS USMV opened at $92.73 on Friday. The company has a market cap of $27.17 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s 50-day simple moving average is $90.76 and its two-hundred day simple moving average is $90.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45.

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.