iShares MSCI USA Min Vol Factor ETF $USMV Position Trimmed by Berger Financial Group Inc

Berger Financial Group Inc trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 43.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,923 shares of the company’s stock after selling 2,269 shares during the quarter. Berger Financial Group Inc’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $274,000 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. Brighton Jones LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Capital Investment Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at about $207,000. Courier Capital LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 777.8% during the 1st quarter. Courier Capital LLC now owns 53,941 shares of the company’s stock valued at $5,052,000 after buying an additional 47,796 shares during the last quarter. Destiny Wealth Partners LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.7% in the 1st quarter. Destiny Wealth Partners LLC now owns 12,675 shares of the company’s stock valued at $1,187,000 after buying an additional 1,430 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 90.8% in the first quarter. Farther Finance Advisors LLC now owns 35,897 shares of the company’s stock worth $3,360,000 after buying an additional 17,080 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $95.14 on Tuesday. The firm’s 50 day moving average price is $93.85 and its 200 day moving average price is $92.82. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The firm has a market cap of $24.28 billion, a PE 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.