McNaughton Wealth Management LLC Sells 1,419 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

McNaughton Wealth Management LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,825 shares of the company’s stock after selling 1,419 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 2.1% of McNaughton Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position. McNaughton Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,677,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Compass Wealth Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 82.0% in the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after purchasing an additional 123 shares in the last quarter. ROSS JOHNSON & Associates LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $28,000. Columbia River Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $30,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $30,000. Finally, LRI Investments LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $33,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.3%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $95.14 on Friday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The stock has a market capitalization of $24.28 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company has a 50-day simple moving average of $93.82 and a two-hundred day simple moving average of $92.80.

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.