Klingman & Associates LLC Trims Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Klingman & Associates LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 378,386 shares of the company’s stock after selling 6,181 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 2.1% of Klingman & Associates LLC’s portfolio, making the stock its 12th biggest position. Klingman & Associates LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $33,597,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mcdonald Partners LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after purchasing an additional 125 shares during the last quarter. Atria Wealth Solutions Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 323,572 shares of the company’s stock worth $28,730,000 after purchasing an additional 8,759 shares during the last quarter. Venturi Wealth Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1,517.1% during the fourth quarter. Venturi Wealth Management LLC now owns 1,326 shares of the company’s stock worth $118,000 after purchasing an additional 1,244 shares during the last quarter. Fortis Group Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Fortis Group Advisors LLC now owns 20,199 shares of the company’s stock worth $1,793,000 after purchasing an additional 190 shares during the last quarter. Finally, D.A. Davidson & CO. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 8.3% during the fourth quarter. D.A. Davidson & CO. now owns 142,216 shares of the company’s stock worth $12,627,000 after purchasing an additional 10,885 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.15 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The business has a 50 day simple moving average of $90.69 and a 200-day simple moving average of $90.94. The stock has a market capitalization of $27.29 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.