iShares MSCI USA Min Vol Factor ETF $USMV Holdings Cut by Woodside Wealth Management LLC

Woodside Wealth Management LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 45,241 shares of the company’s stock after selling 275 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 3.7% of Woodside Wealth Management LLC’s holdings, making the stock its 6th biggest holding. Woodside Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,247,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock valued at $628,581,000 after buying an additional 51,463 shares during the period. LPL Financial LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 3.4% in the first quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock worth $550,402,000 after purchasing an additional 190,680 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 2.5% in the first quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock worth $431,321,000 after purchasing an additional 112,814 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 17.3% in the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after purchasing an additional 568,565 shares during the last quarter. Finally, Catalyst Capital Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 2.9% in the first quarter. Catalyst Capital Advisors LLC now owns 3,755,502 shares of the company’s stock worth $351,740,000 after purchasing an additional 104,095 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.3%

BATS USMV opened at $95.14 on Tuesday. The firm’s fifty day simple moving average is $93.85 and its two-hundred day simple moving average is $92.82. 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 has a market capitalization of $24.28 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.