iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 313,896 shares of the company’s stock after selling 20,001 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $29,465,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares during the last quarter. GAMMA Investing LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 37.0% during the first quarter. GAMMA Investing LLC now owns 2,708 shares of the company’s stock worth $254,000 after acquiring an additional 731 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 102.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after acquiring an additional 3,352,591 shares during the last quarter. Sound Income Strategies LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 1,290.4% during the first quarter. Sound Income Strategies LLC now owns 5,047 shares of the company’s stock worth $473,000 after acquiring an additional 4,684 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.1% during the first quarter. Cyndeo Wealth Partners LLC now owns 37,338 shares of the company’s stock worth $3,497,000 after acquiring an additional 1,803 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $94.27 on Tuesday. The firm has a market cap of $24.06 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The stock has a 50-day simple moving average of $94.02 and a 200-day simple moving average of $92.88.

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.