Brandywine Oak Private Wealth LLC Trims Position in iShares MSCI USA Min Vol Factor ETF $USMV

Brandywine Oak Private Wealth LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 38,420 shares of the company’s stock after selling 521 shares during the quarter. Brandywine Oak Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,606,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of USMV. Brighton Jones LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after buying an additional 1,291 shares during the last quarter. Capital Investment Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $207,000. Wealthcare Advisory Partners LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 11.5% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 22,583 shares of the company’s stock worth $2,115,000 after purchasing an additional 2,334 shares during the period. GAMMA Investing LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 37.0% during the 1st quarter. GAMMA Investing LLC now owns 2,708 shares of the company’s stock worth $254,000 after purchasing an additional 731 shares during the period. Finally, Integrated Advisors Network LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Integrated Advisors Network LLC now owns 16,774 shares of the company’s stock worth $1,571,000 after purchasing an additional 208 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $94.86 on Friday. The stock has a market capitalization of $24.21 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The firm’s 50 day simple moving average is $93.97 and its 200-day simple moving average is $92.87.

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.