ICA Group Wealth Management LLC Has $289,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

ICA Group Wealth Management LLC reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.4% during the 4th quarter, HoldingsChannel reports. The firm owned 3,703 shares of the company’s stock after selling 574 shares during the quarter. ICA Group Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $289,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Keener Financial Planning LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $26,000. Horrell Capital Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $27,000. Global Trust Asset Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $27,000. M&R Capital Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $34,000. Finally, SYM FINANCIAL Corp grew its position in iShares MSCI USA Min Vol Factor ETF by 232.9% during the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after buying an additional 340 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.8 %

USMV stock opened at $83.52 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company has a market cap of $24.47 billion, a PE ratio of 25.30 and a beta of 0.59. The business’s 50-day simple moving average is $82.12 and its 200 day simple moving average is $80.76.

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.