Prospera Financial Services Inc Sells 1,167 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Prospera Financial Services Inc decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 85,863 shares of the company’s stock after selling 1,167 shares during the quarter. Prospera Financial Services Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $7,842,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% in the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after acquiring an additional 111 shares during the last quarter. Asset Dedication LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after purchasing an additional 121 shares during the last quarter. Sensible Money LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% during the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after purchasing an additional 121 shares during the period. Sage Capital Advisors llc increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% during the 2nd quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock worth $448,000 after purchasing an additional 123 shares during the period. Finally, Foster Victor Wealth Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% during the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after buying an additional 123 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.4 %

USMV stock opened at $91.49 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company has a market cap of $26.81 billion, a PE ratio of 25.30 and a beta of 0.59. The business’s 50-day simple moving average is $91.47 and its 200 day simple moving average is $87.49.

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.