Sigma Planning Corp Sells 2,945 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Sigma Planning Corp lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.8% in the second quarter, HoldingsChannel reports. The fund owned 160,927 shares of the company’s stock after selling 2,945 shares during the quarter. Sigma Planning Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $15,106,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of USMV. Brown Advisory Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 8.9% during the first quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after buying an additional 1,387 shares during the last quarter. Accurate Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $203,000. Symmetry Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 10.1% during the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after acquiring an additional 24,219 shares in the last quarter. MinichMacGregor Wealth Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $283,000. Finally, Townsquare Capital LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 7.3% in the 1st quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock worth $5,047,000 after acquiring an additional 3,666 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $93.23 on Monday. The firm has a 50-day moving average of $94.23 and a 200-day moving average of $93.33. The company has a market cap of $23.79 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12.

About iShares MSCI USA Min Vol Factor ETF

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.