Belpointe Asset Management LLC Has $5.45 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Belpointe Asset Management LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,933 shares of the company’s stock after selling 945 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,451,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 140,054.1% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock valued at $790,321,000 after buying an additional 10,953,635 shares during the last quarter. Allstate Investment Management Co. bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $308,588,000. Envestnet Asset Management Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 12.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 25,463,301 shares of the company’s stock worth $1,852,201,000 after purchasing an additional 2,832,040 shares during the last quarter. Summit Wealth Group LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1,394.6% in the 1st quarter. Summit Wealth Group LLC now owns 2,382,567 shares of the company’s stock worth $33,000 after purchasing an additional 2,223,157 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 483.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,685,247 shares of the company’s stock valued at $121,507,000 after purchasing an additional 1,396,259 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.3 %

Shares of BATS USMV opened at $74.98 on Tuesday. The company has a market capitalization of $28.76 billion, a PE ratio of 20.17 and a beta of 0.75. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The firm has a fifty day simple moving average of $74.68 and a 200 day simple moving average of $73.21.

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.