MGO One Seven LLC Has $8.18 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

MGO One Seven LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 36.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,122 shares of the company’s stock after selling 50,510 shares during the period. MGO One Seven LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,178,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in USMV. Wealth Enhancement Advisory Services LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 102.5% in the 1st 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. Caisse DE Depot ET Placement DU Quebec acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $130,668,000. JPMorgan Chase & Co. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 17.3% in the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after acquiring an additional 568,565 shares in the last quarter. Truist Financial Corp raised its holdings in iShares MSCI USA Min Vol Factor ETF by 147.7% in the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock valued at $68,678,000 after acquiring an additional 436,281 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 400.2% in the 1st quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock valued at $50,436,000 after acquiring an additional 430,843 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $94.01 on Monday. The stock has a market capitalization of $23.99 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a fifty day moving average price of $94.00 and a two-hundred day moving average price of $92.87. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week 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.