iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Defined Financial Planning LLC

Defined Financial Planning LLC reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,904 shares of the company’s stock after selling 174 shares during the quarter. Defined Financial Planning LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Tallon Kerry Patrick purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $621,000. Capital & Planning LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.5% during the 4th quarter. Capital & Planning LLC now owns 117,575 shares of the company’s stock valued at $10,439,000 after buying an additional 562 shares during the period. Brighton Jones LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after buying an additional 1,291 shares during the period. Stephens Inc. AR grew its stake in iShares MSCI USA Min Vol Factor ETF by 9.7% in the fourth quarter. Stephens Inc. AR now owns 20,265 shares of the company’s stock valued at $1,799,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Sapient Capital LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 25.2% in the 4th quarter. Sapient Capital LLC now owns 22,006 shares of the company’s stock valued at $1,954,000 after buying an additional 4,427 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.9%

Shares of BATS:USMV opened at $93.00 on Thursday. The stock has a market capitalization of $23.85 billion, a PE ratio of 24.27 and a beta of 0.72. The firm has a fifty day moving average price of $91.65 and a 200 day moving average price of $91.80. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $82.44 and a 1 year high of $95.12.

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.