iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Aries Wealth Management

Aries Wealth Management lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 32,318 shares of the company’s stock after selling 6,823 shares during the quarter. Aries Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,034,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Brown Advisory Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 8.9% in the 1st quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after acquiring an additional 1,387 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 102.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after acquiring an additional 3,352,591 shares during the period. Accurate Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $203,000. Symmetry Partners LLC grew its stake in 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 acquiring an additional 24,219 shares during the period. Finally, MinichMacGregor Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $283,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.9%

Shares of USMV opened at $94.71 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12. The firm’s fifty day moving average is $94.06 and its two-hundred day moving average is $92.90. The stock has a market cap of $24.17 billion, a PE ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF 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.