Assetmark Inc. Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Assetmark Inc. lessened its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,623,864 shares of the company’s stock after selling 122,398 shares during the quarter. Assetmark Inc. owned about 0.64% of iShares MSCI USA Min Vol Factor ETF worth $154,494,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after buying an additional 1,291 shares during the last quarter. Jane Street Group LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 366.3% during the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock worth $3,323,000 after buying an additional 27,868 shares in the last quarter. TD Asset Management Inc acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $205,000. Harbour Investments Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the second quarter. Harbour Investments Inc. now owns 21,556 shares of the company’s stock valued at $2,023,000 after buying an additional 305 shares in the last quarter. Finally, Private Wealth Asset Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $83,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $95.19 on Friday. The business’s 50 day moving average price is $94.68 and its 200-day moving average price is $94.20. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $96.34. The firm has a market capitalization of $24.29 billion, a price-to-earnings 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.