iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Forum Private Client Group LLC

Forum Private Client Group LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,666 shares of the company’s stock after selling 2,468 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 0.9% of Forum Private Client Group LLC’s holdings, making the stock its 24th largest position. Forum Private Client Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,013,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $1,176,338,000. LPL Financial LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.1% in the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after buying an additional 328,291 shares during the period. Millburn Ridgefield Corp grew its position in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after acquiring an additional 180,849 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after buying an additional 21,739 shares during the period. Finally, Assetmark Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the fourth quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock worth $142,627,000 after acquiring an additional 10,270 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 1.6 %

USMV stock opened at $87.26 on Friday. The company has a market capitalization of $22.35 billion, a P/E ratio of 24.22 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $79.69 and a twelve month high of $95.12. The firm has a 50 day simple moving average of $92.83 and a 200-day simple moving average of $91.80.

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.