AAF Wealth Management LLC Trims Position in iShares MSCI USA Min Vol Factor ETF $USMV

AAF Wealth Management LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 94.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,521 shares of the company’s stock after selling 169,603 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 0.5% of AAF Wealth Management LLC’s portfolio, making the stock its 19th biggest holding. AAF Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,001,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of USMV. Bank of Montreal Can boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% during the 2nd quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock worth $4,207,000 after acquiring an additional 4,045 shares during the last quarter. Insight Inv LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $1,083,000. Win Advisors Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $899,000. Dynasty Wealth Management LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 7.2% during the third quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock valued at $120,051,000 after purchasing an additional 84,969 shares in the last quarter. Finally, Cynosure Group LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 16.8% during the third quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock valued at $4,036,000 after purchasing an additional 6,104 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.0%

Shares of USMV opened at $96.41 on Thursday. The business has a 50-day simple moving average of $95.03 and a two-hundred day simple moving average of $94.40. The stock has a market cap of $24.60 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $96.65.

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.