Lineweaver Wealth Advisors LLC Sells 18,791 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Lineweaver Wealth Advisors LLC decreased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 234,451 shares of the company’s stock after selling 18,791 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 3.8% of Lineweaver Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Lineweaver Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $20,811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of USMV. Stonebridge Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $28,000. AlphaMark Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $30,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares during the last quarter. Finally, Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $93.31 on Thursday. The company has a market cap of $23.71 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. The company has a fifty day moving average price of $90.97 and a 200 day moving average price of $91.27. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

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.