iShares MSCI USA Min Vol Factor ETF $USMV Stock: M Holdings Securities Inc. Cuts Holdings

M Holdings Securities Inc. trimmed its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 39.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,487 shares of the company’s stock after selling 19,306 shares during the period. M Holdings Securities Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,020,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in USMV. Kwmg LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.5% in the third quarter. Kwmg LLC now owns 153,852 shares of the company’s stock worth $14,991,000 after buying an additional 9,418 shares during the period. TD Waterhouse Canada Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 19.1% in the second quarter. TD Waterhouse Canada Inc. now owns 35,218 shares of the company’s stock valued at $3,398,000 after purchasing an additional 5,647 shares in the last quarter. Arlington Capital Management Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $14,804,000. Retirement Planning Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $1,697,000. Finally, Invariant Investment Management acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $5,077,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $101.23 on Monday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $104.75. The business has a 50-day moving average of $100.57 and a 200-day moving average of $97.20. The company has a market capitalization of $23.70 billion, a PE ratio of 23.08 and a beta of 0.63.

iShares MSCI USA Min Vol Factor ETF Company 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.