Berkshire Money Management Inc. Sells 49,373 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Berkshire Money Management Inc. cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 83.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,062 shares of the company’s stock after selling 49,373 shares during the period. Berkshire Money Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $947,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Elevated Capital Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $29,000. Sterling Investment Counsel LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 23.5% in the fourth quarter. Sterling Investment Counsel LLC now owns 3,938 shares of the company’s stock worth $367,000 after purchasing an additional 749 shares in the last quarter. Traphagen Investment Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 13.6% in the fourth quarter. Traphagen Investment Advisors LLC now owns 7,837 shares of the company’s stock worth $738,000 after purchasing an additional 936 shares in the last quarter. Symmetry Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.7% in the fourth quarter. Symmetry Partners LLC now owns 307,678 shares of the company’s stock worth $28,971,000 after purchasing an additional 11,088 shares in the last quarter. Finally, Wealth Enhancement Trust Services Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $1,520,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $94.86 on Monday. The stock has a market capitalization of $24.21 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $87.41 and a 1 year high of $98.07. The firm has a fifty day moving average price of $94.78 and a 200 day moving average price of $94.50.

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.