iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Focus Partners Wealth

Focus Partners Wealth reduced its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,124,918 shares of the company’s stock after selling 13,427 shares during the quarter. Focus Partners Wealth owned 0.44% of iShares MSCI USA Min Vol Factor ETF worth $107,025,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in USMV. Secure Asset Management LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.8% in the third quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock worth $371,000 after buying an additional 108 shares during the last quarter. Patriot Investment Management Group Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock valued at $2,814,000 after acquiring an additional 111 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock valued at $582,000 after acquiring an additional 111 shares during the last quarter. Partners Capital Investment Group LLP grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 3rd quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock worth $2,780,000 after acquiring an additional 112 shares in the last quarter. Finally, Modera Wealth Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 4.1% during the 3rd quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock worth $270,000 after acquiring an additional 113 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $95.07 on Monday. The company has a market capitalization of $24.26 billion, a P/E ratio of 22.90 and a beta of 0.72. The company has a 50-day moving average of $95.50 and a 200-day moving average of $94.65. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $98.07.

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.