Sandbox Financial Partners LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 12.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 2,811 shares of the company’s stock after selling 413 shares during the period. Sandbox Financial Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $263,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in USMV. VSM Wealth Advisory LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $27,000. Howe & Rusling Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 94.2% during the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock valued at $27,000 after acquiring an additional 146 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $28,000. Chapman Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $28,000. Finally, Millstone Evans Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $38,000.
iShares MSCI USA Min Vol Factor ETF Stock Up 5.0%
USMV opened at $93.10 on Friday. The business has a 50 day moving average price of $91.53 and a two-hundred day moving average price of $91.77. The company has a market cap of $23.87 billion, a PE ratio of 24.27 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $82.32 and a 52 week high of $95.12.
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.
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