Brandywine Oak Private Wealth LLC Sells 1,124 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Brandywine Oak Private Wealth LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,675 shares of the company’s stock after selling 1,124 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,523,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of USMV. Lockheed Martin Investment Management Co. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $62,801,000. LPL Financial LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares in the last quarter. World Investment Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 343.1% in the 3rd quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock worth $20,534,000 after purchasing an additional 174,130 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $15,482,000. Finally, Avidian Wealth Enterprises LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2,578.5% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 173,645 shares of the company’s stock worth $15,856,000 after purchasing an additional 167,162 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $93.12 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock has a market capitalization of $27.28 billion, a PE ratio of 25.30 and a beta of 0.59. The company’s 50 day simple moving average is $90.85 and its two-hundred day simple moving average is $90.51.

About iShares MSCI USA Min Vol Factor ETF

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.