Maridea Wealth Management LLC Has $836,000 Position in iShares MSCI USA Min Vol Factor ETF $USMV

Maridea Wealth Management LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 63.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,877 shares of the company’s stock after selling 15,385 shares during the period. Maridea Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $836,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of USMV. Magnus Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $211,000. Everpar Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 31.9% during the fourth quarter. Everpar Advisors LLC now owns 4,169 shares of the company’s stock worth $393,000 after acquiring an additional 1,008 shares in the last quarter. Retirement Wealth Solutions LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 15.6% during the fourth quarter. Retirement Wealth Solutions LLC now owns 2,125 shares of the company’s stock worth $200,000 after acquiring an additional 286 shares in the last quarter. Aventura Private Wealth LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $63,000. Finally, WESPAC Advisors SoCal LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $643,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.0%

USMV opened at $92.35 on Monday. The stock has a market capitalization of $23.57 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $98.07. The firm’s fifty day simple moving average is $95.46 and its 200 day simple moving average is $94.64.

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.