iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by ARS Wealth Advisors Group LLC

ARS Wealth Advisors Group LLC lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 377,494 shares of the company’s stock after selling 16,020 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 3.2% of ARS Wealth Advisors Group LLC’s investment portfolio, making the stock its 9th biggest holding. ARS Wealth Advisors Group LLC owned about 0.15% of iShares MSCI USA Min Vol Factor ETF worth $35,545,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in USMV. Brighton Jones LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after buying an additional 1,291 shares during the last quarter. Jane Street Group LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% in the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after buying an additional 27,868 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $4,121,000. Edmond DE Rothschild Holding S.A. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $3,863,000. Finally, XTX Topco Ltd purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $265,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $92.31 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $98.07. The company has a market capitalization of $23.56 billion, a PE ratio of 22.90 and a beta of 0.72. The company has a fifty day moving average of $95.38 and a two-hundred day moving average of $94.62.

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.