Saxon Interests Inc. Sells 19,979 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Saxon Interests Inc. trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 53.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,662 shares of the company’s stock after selling 19,979 shares during the period. Saxon Interests Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,665,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Avion Wealth lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 88.8% in the second quarter. Avion Wealth now owns 304 shares of the company’s stock valued at $28,000 after buying an additional 143 shares during the period. Chapman Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $29,000. Manning & Napier Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $30,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $35,000. Finally, Phillips Financial Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $46,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $95.50 on Tuesday. The business’s fifty day moving average price is $94.38 and its two-hundred day moving average price is $94.02. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12. The stock has a market capitalization of $24.37 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.