MorganRosel Wealth Management LLC Sells 2,529 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

MorganRosel Wealth Management LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 2.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 100,559 shares of the company’s stock after selling 2,529 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 3.0% of MorganRosel Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. MorganRosel Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,405,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. ADE LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.6% during the 1st quarter. ADE LLC now owns 106,131 shares of the company’s stock worth $8,870,000 after acquiring an additional 2,739 shares in the last quarter. Founders Financial Securities LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 298.3% during the 1st quarter. Founders Financial Securities LLC now owns 105,182 shares of the company’s stock worth $8,791,000 after acquiring an additional 78,772 shares in the last quarter. Foguth Wealth Management LLC. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $658,000. First Bank & Trust acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $491,000. Finally, Independence Bank of Kentucky increased its holdings in iShares MSCI USA Min Vol Factor ETF by 28.7% during the 1st quarter. Independence Bank of Kentucky now owns 5,127 shares of the company’s stock worth $429,000 after purchasing an additional 1,142 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $83.96 on Monday. The stock’s 50-day moving average is $82.73 and its two-hundred day moving average is $81.20. 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 market cap of $24.60 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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