Liberty Wealth Management LLC Has $998,000 Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Liberty Wealth Management LLC reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 77.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,637 shares of the company’s stock after selling 37,473 shares during the quarter. Liberty Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $998,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $626,000. Bessemer Group Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 22.5% during the second quarter. Bessemer Group Inc. now owns 16,786 shares of the company’s stock worth $1,576,000 after buying an additional 3,085 shares during the last quarter. Banco Santander S.A. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 94.6% during the second quarter. Banco Santander S.A. now owns 161,696 shares of the company’s stock worth $15,178,000 after buying an additional 78,619 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $16,984,000. Finally, MorganRosel Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 14.7% in the 2nd quarter. MorganRosel Wealth Management LLC now owns 116,624 shares of the company’s stock worth $10,947,000 after acquiring an additional 14,963 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $94.51 on Monday. The stock’s 50 day simple moving average is $94.27 and its 200 day simple moving average is $93.18. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The firm has a market cap of $24.12 billion, a PE 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.