Simplicity Wealth LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 51.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,379 shares of the company’s stock after selling 8,706 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $744,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in USMV. Raymond James Financial Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $1,176,338,000. Lockheed Martin Investment Management Co. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $62,801,000. LPL Financial LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $16,911,000. Finally, Millburn Ridgefield Corp lifted its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after acquiring an additional 180,849 shares during the last quarter.
iShares MSCI USA Min Vol Factor ETF Stock Up 5.9 %
Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.84 on Monday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a 50 day moving average of $91.57 and a 200 day moving average of $91.55. The company has a market capitalization of $23.85 billion, a P/E ratio of 24.43 and a beta of 0.79.
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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