IHT Wealth Management LLC Trims Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

IHT Wealth Management LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,644 shares of the company’s stock after selling 21,296 shares during the period. IHT Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,114,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Howe & Rusling Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% in the fourth quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after acquiring an additional 146 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $27,000. Stonebridge Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $28,000. AlphaMark Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $30,000. Finally, Valued Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.5 %

Shares of BATS:USMV opened at $90.00 on Monday. The business has a fifty day simple moving average of $91.98 and a 200-day simple moving average of $91.61. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $80.12 and a 52 week high of $95.12. The company has a market cap of $23.22 billion, a P/E ratio of 23.82 and a beta of 0.74.

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.