iShares MSCI USA Min Vol Factor ETF $USMV Stake Lessened by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 25.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,833 shares of the company’s stock after selling 5,750 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,580,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in USMV. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 102.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after buying an additional 3,352,591 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $130,668,000. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% in the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after buying an additional 568,565 shares during the last quarter. Truist Financial Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 147.7% during the second quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock valued at $68,678,000 after purchasing an additional 436,281 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in iShares MSCI USA Min Vol Factor ETF by 400.2% during the first quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock valued at $50,436,000 after purchasing an additional 430,843 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $95.22 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $95.12. The firm has a fifty day moving average price of $93.88 and a two-hundred day moving average price of $92.84. The firm has a market cap of $24.30 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.