Visionary Wealth Advisors Reduces Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Visionary Wealth Advisors reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,364 shares of the company’s stock after selling 655 shares during the period. Visionary Wealth Advisors’ holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,696,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. VSM Wealth Advisory LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $27,000. Howe & Rusling Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 94.2% in the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock valued at $27,000 after purchasing an additional 146 shares in the last quarter. Stonebridge Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $28,000. Chapman Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $28,000. Finally, AlphaMark Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $94.24 on Tuesday. The business’s fifty day moving average price is $91.40 and its two-hundred day moving average price is $91.67. The stock has a market cap of $24.44 billion, a PE ratio of 24.27 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a one year low of $81.34 and a one year high of $95.12.

iShares MSCI USA Min Vol Factor ETF 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.