iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 29.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 893,591 shares of the company’s stock after selling 368,247 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.8% of Dynasty Wealth Management LLC’s portfolio, making the stock its 28th biggest position. Dynasty Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $84,140,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Frankly Finances LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $25,000. Investors Research Corp acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $26,000. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $29,000. Chapman Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $29,000. Finally, Abound Wealth Management grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% during the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after buying an additional 271 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.93 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The company has a market cap of $24.74 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a 50-day simple moving average of $94.23 and a 200-day simple moving average of $94.70.

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.