Intelligence Driven Advisers LLC Sells 4,135 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Intelligence Driven Advisers LLC cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 38.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,613 shares of the company’s stock after selling 4,135 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $604,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $30,000. Gleason Group Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $32,000. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $33,000. Strategic Financial Concepts LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $35,000. Finally, Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV remained flat at $93.14 on Thursday. 1,612,760 shares of the company traded hands. The stock has a market cap of $27.29 billion, a PE ratio of 25.30 and a beta of 0.59. The company’s 50 day moving average price is $91.35 and its 200 day moving average price is $87.25. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.