Brookwood Investment Group LLC Decreases Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Brookwood Investment Group LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,891 shares of the company’s stock after selling 241 shares during the period. Brookwood Investment Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $741,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brown Advisory Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 8.9% during the 1st quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after buying an additional 1,387 shares during the period. Accurate Wealth Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $203,000. Symmetry Partners LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 10.1% in the second quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock worth $24,703,000 after purchasing an additional 24,219 shares during the period. MinichMacGregor Wealth Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth $283,000. Finally, Townsquare Capital LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 7.3% in the first quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock worth $5,047,000 after purchasing an additional 3,666 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.1%

USMV stock opened at $94.93 on Tuesday. The business’s fifty day simple moving average is $94.30 and its two-hundred day simple moving average is $93.22. 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 $24.22 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.