Capital Asset Advisory Services LLC Lowers Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Capital Asset Advisory Services LLC lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 59.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,718 shares of the company’s stock after selling 29,027 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,876,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after acquiring an additional 1,291 shares during the last quarter. Ethos Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at about $206,000. Watts Gwilliam & Co. LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% in the first quarter. Watts Gwilliam & Co. LLC now owns 5,100 shares of the company’s stock worth $478,000 after purchasing an additional 751 shares during the last quarter. Sensible Money LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the first quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after buying an additional 112 shares in the last quarter. Finally, RWA Wealth Partners LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth about $11,797,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $94.78 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $95.12. The business has a 50 day simple moving average of $94.08 and a two-hundred day simple moving average of $93.74. The stock has a market capitalization of $24.19 billion, a PE ratio of 22.90 and a beta of 0.72.

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.