Kaydan Wealth Management Inc. Sells 181 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kaydan Wealth Management Inc. reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,565 shares of the company’s stock after selling 181 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.5% of Kaydan Wealth Management Inc.’s holdings, making the stock its 28th largest position. Kaydan Wealth Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,560,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% in the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after acquiring an additional 111 shares in the last quarter. Anchor Investment Management LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after acquiring an additional 112 shares during the last quarter. Asset Dedication LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after buying an additional 121 shares during the last quarter. Sensible Money LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the 3rd quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after purchasing an additional 121 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 4.8% during the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after buying an additional 123 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $89.87 on Monday. The business has a 50 day simple moving average of $91.16 and a two-hundred day simple moving average of $89.98. The firm has a market capitalization of $26.33 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.