Wetzel Investment Advisors Inc. Has $1.74 Million Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wetzel Investment Advisors Inc. cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,588 shares of the company’s stock after selling 450 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 0.9% of Wetzel Investment Advisors Inc.’s holdings, making the stock its 28th biggest position. Wetzel Investment Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,739,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of USMV. Brighton Jones LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.1% during 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 period. Anchor Investment Management LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 6.0% in the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after purchasing an additional 112 shares during the last quarter. Asset Dedication LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during 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 period. Sensible Money LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% during the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after buying an additional 121 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in 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 period.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.6 %

USMV stock opened at $91.88 on Tuesday. The business’s 50-day simple moving average is $90.96 and its 200 day simple moving average is $90.21. The company has a market cap of $26.92 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.