iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Brookstone Capital Management

Brookstone Capital Management decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 854,348 shares of the company’s stock after selling 47,238 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 0.9% of Brookstone Capital Management’s portfolio, making the stock its 16th largest holding. Brookstone Capital Management owned 0.33% of iShares MSCI USA Min Vol Factor ETF worth $80,445,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Investors Research Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $26,000. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $29,000. Manning & Napier Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth $30,000. Abound Wealth Management grew its holdings in iShares MSCI USA Min Vol Factor ETF by 437.1% during 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, Grey Fox Wealth Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth $35,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $91.69 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $98.07. The business has a fifty day moving average of $95.17 and a two-hundred day moving average of $94.55. The company has a market cap of $23.40 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.