iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Garrett Wealth Advisory Group LLC

Garrett Wealth Advisory Group LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 115,540 shares of the company’s stock after selling 1,993 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 2.3% of Garrett Wealth Advisory Group LLC’s investment portfolio, making the stock its 11th biggest holding. Garrett Wealth Advisory Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,846,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of USMV. International Assets Investment Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 2nd quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock valued at $1,420,000 after purchasing an additional 110 shares in the last quarter. Sensible Money LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the first quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after buying an additional 112 shares during the last quarter. KPP Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% in the second quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after buying an additional 118 shares during the last quarter. Almanack Investment Partners LLC. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.6% in the second quarter. Almanack Investment Partners LLC. now owns 20,319 shares of the company’s stock valued at $1,907,000 after acquiring an additional 124 shares in the last quarter. Finally, Cynosure Group LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 1st quarter. Cynosure Group LLC now owns 36,192 shares of the company’s stock valued at $3,390,000 after acquiring an additional 127 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $93.20 on Thursday. The firm has a market cap of $23.78 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $95.12. The firm has a fifty day moving average of $94.08 and a two-hundred day moving average of $93.54.

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.