waypoint wealth counsel Sells 1,756 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

waypoint wealth counsel lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.9% during the third quarter, HoldingsChannel reports. The firm owned 8,066 shares of the company’s stock after selling 1,756 shares during the quarter. waypoint wealth counsel’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $737,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in USMV. Cetera Investment Advisers raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% during the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after purchasing an additional 1,384,833 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $83,046,000. Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 31.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after acquiring an additional 755,493 shares during the period. Carrera Capital Advisors bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $33,148,000. Finally, Symmetry Partners LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 75.6% in the 2nd quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock valued at $64,585,000 after acquiring an additional 331,096 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV traded up $0.43 during trading hours on Friday, reaching $91.10. The company’s stock had a trading volume of 1,334,540 shares. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The company’s 50-day moving average is $89.56 and its 200-day moving average is $85.32. The firm has a market cap of $26.69 billion, a PE ratio of 25.30 and a beta of 0.59.

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.