LongView Wealth Management Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

LongView Wealth Management cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.9% in the first quarter, Holdings Channel.com reports. The firm owned 12,175 shares of the company’s stock after selling 1,045 shares during the quarter. LongView Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,018,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Indiana Trust & Investment Management CO boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 377.1% during the 1st quarter. Indiana Trust & Investment Management CO now owns 811 shares of the company’s stock worth $68,000 after purchasing an additional 641 shares during the period. Hengehold Capital Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $201,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock worth $264,984,000 after purchasing an additional 755,493 shares during the period. Future Financial Wealth Managment LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $184,000. Finally, Flagstar Advisors Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 9.2% in the 1st quarter. Flagstar Advisors Inc. now owns 6,211 shares of the company’s stock valued at $519,000 after buying an additional 524 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock traded down $0.09 during trading hours on Friday, hitting $83.96. The company had a trading volume of 1,714,660 shares. The firm has a market cap of $24.60 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company has a 50-day moving average price of $82.73 and a two-hundred day moving average price of $81.16.

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.