ARS Wealth Advisors Group LLC Has $42.41 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

ARS Wealth Advisors Group LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 477,677 shares of the company’s stock after selling 42,711 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 5.8% of ARS Wealth Advisors Group LLC’s portfolio, making the stock its 2nd biggest position. ARS Wealth Advisors Group LLC owned about 0.16% of iShares MSCI USA Min Vol Factor ETF worth $42,413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in USMV. Brighton Jones LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.1% in the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after acquiring an additional 111 shares during the last quarter. Anchor Investment Management LLC increased 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 purchasing an additional 112 shares during the last quarter. Asset Dedication LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after buying an additional 121 shares in the last quarter. Sensible Money LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after buying an additional 121 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 4.8% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after purchasing an additional 123 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.5 %

USMV stock traded up $0.47 during midday trading on Wednesday, hitting $88.64. The stock had a trading volume of 3,256,088 shares. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The business has a fifty day moving average price of $91.36 and a two-hundred day moving average price of $89.87. The firm has a market cap of $25.97 billion, a P/E 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.