Assetmark Inc. Sells 69,500 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Assetmark Inc. reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,554,364 shares of the company’s stock after selling 69,500 shares during the period. Assetmark Inc. owned approximately 0.61% of iShares MSCI USA Min Vol Factor ETF worth $146,359,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in USMV. Investors Research Corp bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $29,000. Manning & Napier Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth $30,000. Abound Wealth Management boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% in the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after acquiring an additional 271 shares during the period. Finally, Eagle Bay Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $33,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.51 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $87.41 and a one year high of $98.07. The business has a fifty day moving average price of $94.86 and a 200-day moving average price of $94.52. The firm has a market capitalization of $23.86 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.