iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Arrowroot Family Office LLC

Arrowroot Family Office LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 70.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,409 shares of the company’s stock after selling 34,569 shares during the period. Arrowroot Family Office LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,316,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% during the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after purchasing an additional 111 shares during the period. Asset Dedication LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock worth $765,000 after acquiring an additional 121 shares during the period. Sensible Money LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after acquiring an additional 121 shares in the last quarter. Sage Capital Advisors llc raised its holdings in iShares MSCI USA Min Vol Factor ETF by 2.4% during the second quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock worth $448,000 after purchasing an additional 123 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 4.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after purchasing an additional 123 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.55 on Monday. The stock’s 50 day moving average price is $91.94 and its 200 day moving average price is $88.27. The company has a market cap of $27.70 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.