Merkkuri Wealth Advisors LLC Sells 691 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Merkkuri Wealth Advisors LLC lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 20.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,652 shares of the company’s stock after selling 691 shares during the quarter. Merkkuri Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $242,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $30,000. Gleason Group Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $33,000. Strategic Financial Concepts LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $35,000. Finally, Bfsg LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $91.57 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company has a market cap of $26.83 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s 50 day simple moving average is $91.02 and its 200 day simple moving average is $86.20.

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.