Chicago Partners Investment Group LLC Sells 6,603 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Chicago Partners Investment Group LLC lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 45.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,978 shares of the company’s stock after selling 6,603 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $757,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Schmidt P J Investment Management Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 8.0% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 5,592 shares of the company’s stock valued at $527,000 after buying an additional 416 shares during the period. Barrett & Company Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.8% in the fourth quarter. Barrett & Company Inc. now owns 175,048 shares of the company’s stock valued at $16,483,000 after buying an additional 6,328 shares during the period. Aureum Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $3,050,000. Financial Perspectives Inc increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 14.9% in the fourth quarter. Financial Perspectives Inc now owns 1,415 shares of the company’s stock valued at $133,000 after buying an additional 184 shares during the period. Finally, Kingswood Wealth Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.7% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 85,277 shares of the company’s stock valued at $8,030,000 after buying an additional 4,592 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.57 on Tuesday. The business has a 50 day moving average of $94.57 and a 200-day moving average of $94.46. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $90.45 and a 1 year high of $98.07. The company has a market capitalization of $23.88 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.