Lexington Hill Partners LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 39.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,563 shares of the company’s stock after selling 7,426 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.5% of Lexington Hill Partners LLC’s portfolio, making the stock its 26th largest position. Lexington Hill Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,115,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the business. Beaird Harris Wealth Management LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 143.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 909 shares of the company’s stock worth $88,000 after acquiring an additional 536 shares during the last quarter. Beacon Bank & Trust boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 2nd quarter. Beacon Bank & Trust now owns 153,496 shares of the company’s stock valued at $14,806,000 after purchasing an additional 2,264 shares during the last quarter. Invariant Investment Management bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $5,077,000. Beacon Financial Strategies CORP bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $42,000. Finally, First Heartland Consultants Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% in the second quarter. First Heartland Consultants Inc. now owns 38,426 shares of the company’s stock worth $3,707,000 after purchasing an additional 789 shares during the last quarter.
iShares MSCI USA Min Vol Factor ETF Stock Up 0.6%
Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $100.62 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $100.72. The business has a 50 day moving average price of $96.80 and a 200-day moving average price of $95.54. The company has a market cap of $25.68 billion, a PE ratio of 22.90 and a beta of 0.72.
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.
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