iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Syntegra Private Wealth Group LLC

Syntegra Private Wealth Group LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 16.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 155,157 shares of the company’s stock after selling 31,222 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 1.4% of Syntegra Private Wealth Group LLC’s investment portfolio, making the stock its 13th biggest holding. Syntegra Private Wealth Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $14,389,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of USMV. WealthPLAN Partners LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% in the fourth quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock valued at $392,000 after buying an additional 105 shares in the last quarter. Millstone Evans Group LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% during the 4th quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock worth $168,000 after purchasing an additional 106 shares in the last quarter. Delta Wealth Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the 1st quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock worth $3,403,000 after purchasing an additional 108 shares in the last quarter. KW Wealth Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock worth $1,276,000 after purchasing an additional 109 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock valued at $3,402,000 after purchasing an additional 118 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $97.89 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.07. The company has a 50-day simple moving average of $95.44 and a 200-day simple moving average of $94.96. The company has a market capitalization of $24.98 billion, a PE ratio of 22.90 and a beta of 0.72.

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.