Register Financial Advisors LLC Sells 343 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Register Financial Advisors LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,659 shares of the company’s stock after selling 343 shares during the period. Register Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $306,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Indiana Trust & Investment Management CO lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 377.1% during the first quarter. Indiana Trust & Investment Management CO now owns 811 shares of the company’s stock valued at $68,000 after purchasing an additional 641 shares in the last quarter. Hengehold Capital Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $201,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock worth $264,984,000 after buying an additional 755,493 shares during the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $184,000. Finally, Flagstar Advisors Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% during the first quarter. Flagstar Advisors Inc. now owns 6,211 shares of the company’s stock valued at $519,000 after acquiring an additional 524 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.1 %

USMV stock opened at $83.96 on Friday. The stock has a market cap of $24.60 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock’s fifty day simple moving average is $82.73 and its two-hundred day simple moving average is $81.16. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year 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.