Stephens Consulting LLC Sells 303 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Stephens Consulting LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 18.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,348 shares of the company’s stock after selling 303 shares during the quarter. Stephens Consulting LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $127,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of USMV. Compass Wealth Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% in the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after purchasing an additional 123 shares during the last quarter. ROSS JOHNSON & Associates LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $28,000. Columbia River Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $30,000. Flaharty Asset Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $30,000. Finally, LRI Investments LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at $33,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.1%

Shares of USMV opened at $94.01 on Monday. The stock has a market capitalization of $23.99 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm’s fifty day simple moving average is $94.00 and its two-hundred day simple moving average is $92.87. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12.

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.