Stonebrook Private Inc. Decreases Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Stonebrook Private Inc. cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 73.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,749 shares of the company’s stock after selling 13,306 shares during the quarter. Stonebrook Private Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $434,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in USMV. Cetera Investment Advisers raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% in the first quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after purchasing an additional 1,384,833 shares during the last quarter. Dynasty Wealth Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth about $83,046,000. Carrera Capital Advisors purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $33,148,000. LPL Financial LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares during the last quarter. Finally, Symmetry Partners LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 75.6% in the second quarter. Symmetry Partners LLC now owns 769,232 shares of the company’s stock worth $64,585,000 after purchasing an additional 331,096 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.5 %

Shares of BATS:USMV opened at $93.46 on Friday. 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 market cap of $27.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business has a 50-day moving average price of $91.60 and a 200-day moving average price of $87.70.

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.