WT Wealth Management Sells 12,397 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

WT Wealth Management reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 49.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,745 shares of the company’s stock after selling 12,397 shares during the quarter. WT Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,213,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of USMV. ROSS JOHNSON & Associates LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $28,000. Avion Wealth boosted its stake in iShares MSCI USA Min Vol Factor ETF by 88.8% during the 2nd quarter. Avion Wealth now owns 304 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the last quarter. Chapman Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $29,000. Flaharty Asset Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $30,000. Finally, Phillips Financial Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $46,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $93.66 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The stock has a 50-day moving average of $94.07 and a 200 day moving average of $93.85. The company has a market capitalization of $23.90 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.