Brandywine Oak Private Wealth LLC Lowers Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Brandywine Oak Private Wealth LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,675 shares of the company’s stock after selling 1,124 shares during the quarter. Brandywine Oak Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,523,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. SpiderRock Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $629,000. EdgeRock Capital LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after acquiring an additional 3,371 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 7.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after acquiring an additional 43,846 shares during the last quarter. Bell Investment Advisors Inc grew its holdings in iShares MSCI USA Min Vol Factor ETF by 42.2% in the 3rd quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock worth $3,516,000 after acquiring an additional 11,432 shares during the last quarter. Finally, Quantinno Capital Management LP grew its holdings in iShares MSCI USA Min Vol Factor ETF by 149.9% in the 3rd quarter. Quantinno Capital Management LP now owns 6,366 shares of the company’s stock worth $581,000 after acquiring an additional 3,819 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.1 %

Shares of USMV opened at $93.12 on Thursday. The firm’s 50-day moving average price is $90.85 and its 200-day moving average price is $90.51. The firm has a market capitalization of $27.28 billion, a price-to-earnings 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

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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