Goldman Sachs Group Inc. Decreases Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Goldman Sachs Group Inc. decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 60.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,719 shares of the company’s stock after selling 61,195 shares during the quarter. Goldman Sachs Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,814,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Key Financial Inc increased its stake in iShares MSCI USA Min Vol Factor ETF by 6.6% in the 1st quarter. Key Financial Inc now owns 1,794 shares of the company’s stock valued at $168,000 after buying an additional 111 shares during the period. Asset Dedication LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock worth $795,000 after purchasing an additional 112 shares during the period. Sensible Money LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after purchasing an additional 112 shares during the period. Compass Wealth Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 82.0% in the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after acquiring an additional 123 shares during the last quarter. Finally, Cynosure Group LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 1st quarter. Cynosure Group LLC now owns 36,192 shares of the company’s stock valued at $3,390,000 after acquiring an additional 127 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.52 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The stock has a market capitalization of $23.87 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm’s 50-day moving average is $93.55 and its two-hundred day moving average is $92.67.

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.