Clearstead Advisors LLC Sells 11,118 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Clearstead Advisors LLC lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,314 shares of the company’s stock after selling 11,118 shares during the period. Clearstead Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,639,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in 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 period. Jane Street Group LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% during the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after acquiring an additional 27,868 shares during the last quarter. Leavell Investment Management Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 18.8% during the second quarter. Leavell Investment Management Inc. now owns 9,334 shares of the company’s stock worth $876,000 after purchasing an additional 1,478 shares during the period. Wealthfront Advisers LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 46.7% in the second quarter. Wealthfront Advisers LLC now owns 9,831 shares of the company’s stock worth $923,000 after purchasing an additional 3,128 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.8% in the second quarter. Envestnet Asset Management Inc. now owns 4,686,964 shares of the company’s stock valued at $439,962,000 after purchasing an additional 81,787 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.4%

Shares of BATS:USMV opened at $95.80 on Tuesday. The firm has a market cap of $24.45 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 $96.65. The business has a fifty day simple moving average of $94.93 and a 200 day simple moving average of $94.36.

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.