Wealth Alliance Sells 18,393 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wealth Alliance decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 40.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,293 shares of the company’s stock after selling 18,393 shares during the period. Wealth Alliance’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,130,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Yarger Wealth Strategies LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 1.0% during the 4th quarter. Yarger Wealth Strategies LLC now owns 13,832 shares of the company’s stock worth $1,079,000 after buying an additional 139 shares during the period. Hoese & Co LLP raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the fourth quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock worth $4,123,000 after purchasing an additional 140 shares during the last quarter. Archer Investment Corp raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% in the third quarter. Archer Investment Corp now owns 4,462 shares of the company’s stock worth $323,000 after purchasing an additional 146 shares during the last quarter. Adamsbrown Wealth Consultants LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.9% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 3,220 shares of the company’s stock worth $251,000 after purchasing an additional 149 shares during the last quarter. Finally, Sandy Spring Bank raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 25.7% in the fourth quarter. Sandy Spring Bank now owns 734 shares of the company’s stock worth $57,000 after purchasing an additional 150 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.48 on Tuesday, hitting $79.98. The company had a trading volume of 4,103,346 shares. The stock has a market capitalization of $23.39 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock has a 50 day moving average of $81.73 and a 200-day moving average of $77.96.

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.