iShares MSCI USA Min Vol Factor ETF $USMV is Flagship Private Wealth LLC’s 3rd Largest Position

Flagship Private Wealth LLC lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 176,082 shares of the company’s stock after selling 19,340 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 7.0% of Flagship Private Wealth LLC’s investment portfolio, making the stock its 3rd biggest holding. Flagship Private Wealth LLC owned about 0.07% of iShares MSCI USA Min Vol Factor ETF worth $16,529,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brown Advisory Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 8.9% in the first quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after acquiring an additional 1,387 shares during the last quarter. Accurate Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $203,000. Symmetry Partners LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10.1% in the 2nd quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after acquiring an additional 24,219 shares during the period. MinichMacGregor Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $283,000. Finally, Townsquare Capital LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 7.3% during the 1st quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock worth $5,047,000 after purchasing an additional 3,666 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.8%

Shares of BATS USMV opened at $92.92 on Thursday. The stock has a fifty day moving average price of $94.17 and a 200 day moving average price of $93.36. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The company has a market cap of $23.71 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.