iShares MSCI USA Min Vol Factor ETF $USMV Stock Holdings Lessened by RHS Financial LLC

RHS Financial LLC lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 47,693 shares of the company’s stock after selling 4,229 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 2.5% of RHS Financial LLC’s holdings, making the stock its 11th biggest position. RHS Financial LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,477,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of USMV. Brighton Jones LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after buying an additional 1,291 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 37.0% in the first quarter. GAMMA Investing LLC now owns 2,708 shares of the company’s stock valued at $254,000 after buying an additional 731 shares in the last quarter. NorthCrest Asset Manangement LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at $774,000. Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 102.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after purchasing an additional 3,352,591 shares during the period. Finally, Sound Income Strategies LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 1,290.4% during the 1st quarter. Sound Income Strategies LLC now owns 5,047 shares of the company’s stock valued at $473,000 after purchasing an additional 4,684 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.1%

Shares of BATS:USMV opened at $94.01 on Monday. The company’s fifty day moving average is $94.00 and its two-hundred day moving average is $92.87. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The company has a market cap of $23.99 billion, a P/E ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.