Dakota Wealth Management Sells 1,793 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Dakota Wealth Management lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,102 shares of the company’s stock after selling 1,793 shares during the period. Dakota Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,205,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Brown Advisory Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 8.9% during the first quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock worth $1,588,000 after acquiring an additional 1,387 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 102.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock worth $620,423,000 after buying an additional 3,352,591 shares during the last quarter. Townsquare Capital LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 7.3% in the first quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock worth $5,047,000 after buying an additional 3,666 shares during the last quarter. DAVENPORT & Co LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 8.0% in the first quarter. DAVENPORT & Co LLC now owns 4,395 shares of the company’s stock worth $412,000 after buying an additional 324 shares during the last quarter. Finally, Ancora Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 2.5% in the first quarter. Ancora Advisors LLC now owns 96,864 shares of the company’s stock worth $9,072,000 after buying an additional 2,404 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.64 on Friday. The stock has a market capitalization of $23.90 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12. The company has a 50-day simple moving average of $93.67 and a two-hundred day simple moving average of $92.68.

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.