Kraft Davis & Associates LLC Sells 234 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kraft Davis & Associates LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,337 shares of the company’s stock after selling 234 shares during the period. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $426,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Bank of Montreal Can grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.8% in the first quarter. Bank of Montreal Can now owns 8,253 shares of the company’s stock valued at $646,000 after acquiring an additional 594 shares in the last quarter. Blair William & Co. IL increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.7% during the 1st quarter. Blair William & Co. IL now owns 95,612 shares of the company’s stock valued at $7,417,000 after purchasing an additional 1,612 shares during the last quarter. AJ Wealth Strategies LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% during the 1st quarter. AJ Wealth Strategies LLC now owns 1,348,690 shares of the company’s stock valued at $104,618,000 after purchasing an additional 57,434 shares during the last quarter. Founders Financial Securities LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 27.0% in the 1st quarter. Founders Financial Securities LLC now owns 88,779 shares of the company’s stock worth $6,887,000 after buying an additional 18,853 shares during the last quarter. Finally, West Michigan Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% in the 1st quarter. West Michigan Advisors LLC now owns 12,575 shares of the company’s stock worth $975,000 after buying an additional 719 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

BATS USMV traded up $0.49 during trading hours on Friday, reaching $80.49. 2,948,059 shares of the company were exchanged. The stock has a market capitalization of $23.54 billion, a P/E ratio of 25.31 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 business’s 50 day simple moving average is $81.72 and its 200-day simple moving average is $78.10.

iShares MSCI USA Min Vol Factor ETF Company 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.