Shepherd Financial Partners LLC Has $2.24 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Shepherd Financial Partners LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,881 shares of the company’s stock after acquiring an additional 1,117 shares during the quarter. Shepherd Financial Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,237,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $1,176,338,000. Wealth Enhancement Advisory Services LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 102.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after acquiring an additional 3,352,591 shares in the last quarter. Focus Partners Wealth lifted its stake in iShares MSCI USA Min Vol Factor ETF by 261.0% in the fourth quarter. Focus Partners Wealth now owns 1,119,087 shares of the company’s stock valued at $99,364,000 after acquiring an additional 809,082 shares during the last quarter. Horizon Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter worth approximately $39,347,000. Finally, Ball & Co Wealth Management Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $32,334,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.9%

Shares of USMV opened at $92.12 on Wednesday. The firm has a market cap of $23.62 billion, a price-to-earnings ratio of 24.27 and a beta of 0.72. The company’s fifty day moving average is $92.14 and its 200-day moving average is $91.73. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.49 and a 12 month high of $95.12.

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.