Brueske Advisory Services LLC Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Brueske Advisory Services LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,681 shares of the company’s stock after selling 600 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.0% of Brueske Advisory Services LLC’s holdings, making the stock its 20th largest holding. Brueske Advisory Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,472,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brown Advisory Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 8.9% during the 1st quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock worth $1,588,000 after purchasing an additional 1,387 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 102.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after purchasing an additional 3,352,591 shares during the last quarter. Accurate Wealth Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $203,000. Symmetry Partners LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 10.1% during the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock worth $24,703,000 after purchasing an additional 24,219 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $283,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.3%

Shares of BATS USMV opened at $95.12 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The company has a market capitalization of $24.27 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business has a 50 day simple moving average of $93.76 and a 200-day simple moving average of $92.76.

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.