Wealth Advisors of Iowa LLC Sells 1,187 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Wealth Advisors of Iowa LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,616 shares of the company’s stock after selling 1,187 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 6.8% of Wealth Advisors of Iowa LLC’s portfolio, making the stock its 6th biggest position. Wealth Advisors of Iowa LLC owned about 0.08% of iShares MSCI USA Min Vol Factor ETF worth $18,269,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bank of Montreal Can grew its position in iShares MSCI USA Min Vol Factor ETF by 9.9% in the second quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock valued at $4,207,000 after acquiring an additional 4,045 shares during the period. Accurate Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $203,000. Symmetry Partners LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10.1% in the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after purchasing an additional 24,219 shares in the last quarter. MinichMacGregor Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $283,000. Finally, Allworth Financial LP grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 30.1% in the 2nd quarter. Allworth Financial LP now owns 78,585 shares of the company’s stock worth $7,377,000 after purchasing an additional 18,167 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.6%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.68 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The stock has a market capitalization of $23.65 billion, a P/E ratio of 22.90 and a beta of 0.72. The company has a 50-day simple moving average of $94.03 and a 200 day simple moving average of $93.54.

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.