Chicago Partners Investment Group LLC Sells 11,486 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Chicago Partners Investment Group LLC cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 55.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 9,182 shares of the company’s stock after selling 11,486 shares during the period. Chicago Partners Investment Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Mcmorgan & Co. LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 1st quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock valued at $2,619,000 after acquiring an additional 108 shares during the period. Post Resch Tallon Group Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.9% during the second quarter. Post Resch Tallon Group Inc. now owns 8,038 shares of the company’s stock valued at $775,000 after purchasing an additional 150 shares during the last quarter. Hobart Private Capital LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 3.6% during the second quarter. Hobart Private Capital LLC now owns 4,325 shares of the company’s stock worth $417,000 after purchasing an additional 152 shares during the period. BostonPremier Wealth LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 2.3% during the third quarter. BostonPremier Wealth LLC now owns 6,987 shares of the company’s stock worth $681,000 after purchasing an additional 158 shares during the period. Finally, Ewing Morris & Co. Investment Partners Ltd. boosted its position in iShares MSCI USA Min Vol Factor ETF by 2.2% during the second quarter. Ewing Morris & Co. Investment Partners Ltd. now owns 7,340 shares of the company’s stock worth $708,000 after purchasing an additional 160 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.2%

USMV opened at $103.21 on Wednesday. The company has a market capitalization of $24.16 billion, a price-to-earnings ratio of 23.08 and a beta of 0.63. The firm has a 50-day moving average price of $100.63 and a 200-day moving average price of $97.29. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $104.75.

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.