NorthRock Partners LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 9.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,536 shares of the company’s stock after selling 1,432 shares during the quarter. NorthRock Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,364,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Compass Wealth Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 82.0% in the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after purchasing an additional 123 shares during the period. ROSS JOHNSON & Associates LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $28,000. Flaharty Asset Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $30,000. Columbia River Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $30,000. Finally, LRI Investments LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $33,000.
iShares MSCI USA Min Vol Factor ETF Stock Up 6.3%
Shares of BATS USMV opened at $94.27 on Tuesday. The firm has a market cap of $24.06 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12. The business’s 50 day moving average is $94.02 and its two-hundred day moving average is $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.
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