Dakota Wealth Management Sells 5,733 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Dakota Wealth Management lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 60,369 shares of the company’s stock after selling 5,733 shares during the period. Dakota Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,744,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in USMV. Secure Asset Management LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 2.8% in the 3rd quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock valued at $371,000 after acquiring an additional 108 shares in the last quarter. Patriot Investment Management Group Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the third quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock worth $2,814,000 after purchasing an additional 111 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the third quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock valued at $582,000 after purchasing an additional 111 shares in the last quarter. Partners Capital Investment Group LLP boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the third quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock valued at $2,780,000 after buying an additional 112 shares during the last quarter. Finally, Modera Wealth Management LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 4.1% in the 3rd quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock worth $270,000 after buying an additional 113 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $96.39 on Wednesday. The firm has a market cap of $24.60 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business has a 50-day simple moving average of $94.98 and a two-hundred day simple moving average of $94.39. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $96.65.

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.