Sugarloaf Wealth Management LLC Has $2.42 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sugarloaf Wealth Management LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,455 shares of the company’s stock after selling 192 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,416,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Raymond James & Associates raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the 2nd quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock valued at $1,351,398,000 after acquiring an additional 146,632 shares during the last quarter. Alaska Permanent Fund Corp raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% during the 1st quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock valued at $329,959,000 after acquiring an additional 167,538 shares during the last quarter. Catalyst Capital Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock valued at $307,185,000 after acquiring an additional 182,050 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock valued at $268,843,000 after buying an additional 31,625 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% in the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock valued at $158,465,000 after buying an additional 1,384,833 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.1 %

Shares of USMV traded down $0.99 during trading hours on Tuesday, reaching $90.11. The stock had a trading volume of 1,523,259 shares. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm has a 50-day moving average of $89.64 and a 200 day moving average of $85.40. The company has a market cap of $26.40 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.