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

Apollon Wealth Management LLC reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 58,590 shares of the company’s stock after selling 455 shares during the period. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,202,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in USMV. Realta Investment Advisors purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $108,000. Barrett & Company Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the fourth quarter. Barrett & Company Inc. now owns 149,741 shares of the company’s stock valued at $13,296,000 after acquiring an additional 3,774 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $1,529,000. Keystone Financial Group Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $828,000. Finally, Darrow Company Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after acquiring an additional 1,256 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.6 %

iShares MSCI USA Min Vol Factor ETF stock opened at $92.73 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The business’s fifty day simple moving average is $90.76 and its two-hundred day simple moving average is $90.59. The company has a market capitalization of $27.17 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.