DecisionMap Wealth Management LLC Sells 6,823 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

DecisionMap Wealth Management LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 27.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,280 shares of the company’s stock after selling 6,823 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 1.1% of DecisionMap Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. DecisionMap Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,721,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USMV. Investors Research Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $26,000. Chapman Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $29,000. Manning & Napier Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $30,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $35,000. Finally, Howe & Rusling Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 141.8% during the second quarter. Howe & Rusling Inc. now owns 515 shares of the company’s stock valued at $48,000 after purchasing an additional 302 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.0%

Shares of BATS USMV opened at $92.35 on Friday. The firm has a market capitalization of $23.57 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $98.07. The business has a fifty day simple moving average of $95.46 and a 200 day simple moving average of $94.63.

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.