Robertson Stephens Wealth Management LLC Trims Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Robertson Stephens Wealth Management LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,035 shares of the company’s stock after selling 489 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,956,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. SpiderRock Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $629,000. EdgeRock Capital LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after buying an additional 3,371 shares during the period. Integrated Wealth Concepts LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 7.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after buying an additional 43,846 shares in the last quarter. Bell Investment Advisors Inc raised its holdings in iShares MSCI USA Min Vol Factor ETF by 42.2% during the third quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock valued at $3,516,000 after acquiring an additional 11,432 shares during the period. Finally, Quantinno Capital Management LP lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 149.9% in the third quarter. Quantinno Capital Management LP now owns 6,366 shares of the company’s stock valued at $581,000 after acquiring an additional 3,819 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.0 %

BATS USMV opened at $93.08 on Friday. The business has a 50-day moving average price of $90.83 and a 200-day moving average price of $90.53. 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 has a twelve month low of $47.44 and a twelve month high of $55.45.

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.