VitalStone Financial LLC cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 14.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,295 shares of the company’s stock after selling 6,447 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 2.4% of VitalStone Financial LLC’s holdings, making the stock its 8th biggest position. VitalStone Financial LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,588,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of USMV. Armstrong Advisory Group Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.3% during the third quarter. Armstrong Advisory Group Inc. now owns 11,962 shares of the company’s stock worth $1,092,000 after buying an additional 155 shares during the last quarter. Darrow Company Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.6% in the third quarter. Darrow Company Inc. now owns 153,662 shares of the company’s stock valued at $14,031,000 after buying an additional 5,279 shares in the last quarter. Hart & Patterson Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $460,000. MorganRosel Wealth Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.9% during the 3rd quarter. MorganRosel Wealth Management LLC now owns 100,316 shares of the company’s stock worth $9,160,000 after buying an additional 1,831 shares during the period. Finally, Cox Capital Mgt LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 2.3% during the 3rd quarter. Cox Capital Mgt LLC now owns 6,220 shares of the company’s stock worth $568,000 after purchasing an additional 139 shares during the period.
iShares MSCI USA Min Vol Factor ETF Stock Up 0.7 %
Shares of USMV opened at $92.01 on Monday. The company has a market capitalization of $26.96 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a 50 day moving average price of $90.00 and a 200 day moving average price of $85.65.
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.
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