Apella Capital LLC Trims Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Apella Capital LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.1% during the 1st quarter, Holdings Channel reports. The firm owned 109,218 shares of the company’s stock after selling 9,604 shares during the period. Apella Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,360,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. WealthPLAN Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the 4th quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock worth $392,000 after purchasing an additional 105 shares during the last quarter. Millstone Evans Group LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 6.3% during the 4th quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock valued at $168,000 after buying an additional 106 shares during the last quarter. KW Wealth Management LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock worth $1,276,000 after buying an additional 109 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 0.3% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock worth $3,402,000 after buying an additional 118 shares in the last quarter. Finally, Opulen Financial Group LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the third quarter. Opulen Financial Group LLC now owns 5,120 shares of the company’s stock worth $487,000 after acquiring an additional 118 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.3%

Shares of BATS:USMV opened at $94.86 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.07. The stock’s fifty day simple moving average is $95.11 and its 200-day simple moving average is $94.85. The company has a market capitalization of $24.21 billion, a P/E ratio of 22.90 and a beta of 0.72.

About iShares MSCI USA Min Vol Factor ETF

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.