Magnolia Capital Advisors LLC Sells 47,676 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Magnolia Capital Advisors LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 69.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,047 shares of the company’s stock after selling 47,676 shares during the quarter. Magnolia Capital Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,002,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of USMV. Secure Asset Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.8% in the third quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock valued at $371,000 after acquiring an additional 108 shares in the last quarter. Patriot Investment Management Group Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% during the third quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock worth $2,814,000 after acquiring an additional 111 shares during the period. Venturi Wealth Management LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.8% during the third quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock worth $582,000 after acquiring an additional 111 shares during the period. Partners Capital Investment Group LLP boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.4% in the third quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock worth $2,780,000 after purchasing an additional 112 shares during the last quarter. Finally, Modera Wealth Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 4.1% in the third quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock worth $270,000 after purchasing an additional 113 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $95.42 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $98.07. The company has a market capitalization of $24.35 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a fifty day moving average price of $95.46 and a two-hundred day moving average price of $94.62.

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.