Wealth Advisors of Iowa LLC Sells 9,322 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wealth Advisors of Iowa LLC lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 318,286 shares of the company’s stock after selling 9,322 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 16.7% of Wealth Advisors of Iowa LLC’s portfolio, making the stock its biggest position. Wealth Advisors of Iowa LLC owned approximately 0.08% of iShares MSCI USA Min Vol Factor ETF worth $24,836,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of USMV. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $26,000. Horrell Capital Management Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $27,000. Global Trust Asset Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $27,000. M&R Capital Management Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $34,000. Finally, SYM FINANCIAL Corp boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% in the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after buying an additional 340 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1 %

Shares of USMV traded up $0.08 during midday trading on Tuesday, hitting $82.99. The stock had a trading volume of 1,017,270 shares. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The business has a 50-day simple moving average of $81.92 and a two-hundred day simple moving average of $79.29. The firm has a market cap of $24.32 billion, a P/E ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.