Future Financial Wealth Managment LLC Sells 169 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Future Financial Wealth Managment LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 12.4% in the second quarter, HoldingsChannel.com reports. The firm owned 1,197 shares of the company’s stock after selling 169 shares during the period. Future Financial Wealth Managment LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $112,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after purchasing an additional 1,291 shares during the period. Fulton Bank N.A. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 4.5% in the 1st quarter. Fulton Bank N.A. now owns 3,609 shares of the company’s stock worth $338,000 after purchasing an additional 154 shares during the period. RFG Advisory LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 14.5% during the first quarter. RFG Advisory LLC now owns 2,850 shares of the company’s stock worth $267,000 after acquiring an additional 360 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 83.9% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,909 shares of the company’s stock worth $273,000 after acquiring an additional 1,327 shares during the last quarter. Finally, Breakwater Capital Group bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth $201,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $95.14 on Friday. The firm has a fifty day moving average price of $93.82 and a 200 day moving average price of $92.80. 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 firm has a market cap of $24.28 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.