Creekmur Asset Management LLC Sells 690 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Creekmur Asset Management LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,821 shares of the company’s stock after selling 690 shares during the quarter. Creekmur Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $922,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in USMV. Caisse DE Depot ET Placement DU Quebec acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at $130,668,000. JPMorgan Chase & Co. lifted its stake in 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 valued at $360,219,000 after acquiring an additional 568,565 shares during the last quarter. Truist Financial Corp lifted its stake in iShares MSCI USA Min Vol Factor ETF by 147.7% in the second 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 during the last quarter. Russell Investments Group Ltd. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 400.2% in the first 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 during the last quarter. Finally, Ascent Group LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1,116.1% in the second quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock valued at $28,923,000 after acquiring an additional 282,778 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $93.20 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The company has a fifty day moving average price of $94.25 and a two-hundred day moving average price of $93.28. The stock has a market cap of $23.78 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.