iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,696,978 shares of the company’s stock after selling 78,506 shares during the quarter. Wells Fargo & Company MN owned 1.26% of iShares MSCI USA Min Vol Factor ETF worth $328,255,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of USMV. Anchor Investment Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% in the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after acquiring an additional 112 shares during the period. Smart Portfolios LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 2.2% in the fourth quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after purchasing an additional 112 shares during the period. Heritage Wealth Advisors boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 27.4% in the fourth quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock worth $48,000 after buying an additional 117 shares during the period. Flputnam Investment Management Co. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after buying an additional 123 shares during the period. Finally, Mcdonald Partners LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after buying an additional 125 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.6 %

BATS USMV opened at $87.26 on Friday. The stock has a market cap of $22.35 billion, a PE ratio of 24.22 and a beta of 0.74. The business has a 50 day moving average price of $92.83 and a two-hundred day moving average price of $91.79. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $79.69 and a fifty-two week high of $95.12.

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.