Maridea Wealth Management LLC Sells 15,385 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Maridea Wealth Management LLC lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 63.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,877 shares of the company’s stock after selling 15,385 shares during the quarter. Maridea Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $836,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Investors Research Corp acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth 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 second quarter worth $29,000. Manning & Napier Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth $30,000. Grey Fox Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth $35,000. Finally, Triumph Capital Management bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $48,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.0%

Shares of USMV stock opened at $92.35 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $98.07. The firm’s fifty day moving average price is $95.46 and its two-hundred day moving average price is $94.64. The firm has a market capitalization of $23.57 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.