iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Trimmed by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 22.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,397 shares of the company’s stock after selling 699 shares during the quarter. Daymark Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. SpiderRock Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $629,000. EdgeRock Capital LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after acquiring an additional 3,371 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 7.4% in the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after acquiring an additional 43,846 shares in the last quarter. Gateway Wealth Partners LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% during the 2nd quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock worth $4,201,000 after purchasing an additional 2,304 shares during the last quarter. Finally, Bell Investment Advisors Inc raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 42.2% during the 3rd quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock valued at $3,516,000 after purchasing an additional 11,432 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 2.6 %

Shares of BATS:USMV opened at $90.97 on Friday. The stock has a market capitalization of $26.65 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a fifty day moving average price of $90.96 and a 200 day moving average price of $90.13.

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.