Brickley Wealth Management Has $9.73 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Brickley Wealth Management decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 106,533 shares of the company’s stock after selling 2,353 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 2.0% of Brickley Wealth Management’s holdings, making the stock its 12th biggest holding. Brickley Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,728,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $30,000. Gleason Group Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $32,000. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $33,000. Strategic Financial Concepts LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $35,000. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock traded up $0.84 during trading hours on Friday, reaching $93.47. The company had a trading volume of 1,849,251 shares. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market cap of $27.39 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50 day moving average of $91.26 and a 200 day moving average of $87.03.

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.