iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Holdings Lowered by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 56.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,543 shares of the company’s stock after selling 34,453 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,357,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Realta Investment Advisors bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $108,000. Barrett & Company Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% in the 4th quarter. Barrett & Company Inc. now owns 149,741 shares of the company’s stock worth $13,296,000 after purchasing an additional 3,774 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $1,529,000. Keystone Financial Group Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $828,000. Finally, Darrow Company Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after buying an additional 1,256 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.08 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm’s 50 day moving average price is $90.76 and its two-hundred day moving average price is $90.66. The firm has a market cap of $27.27 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.