Stephens Consulting LLC Sells 303 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Stephens Consulting LLC lessened its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 18.4% during the second quarter, Holdings Channel.com reports. The firm owned 1,348 shares of the company’s stock after selling 303 shares during the period. Stephens Consulting LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $127,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Compass Wealth Management LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% during the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after purchasing an additional 123 shares in the last quarter. ROSS JOHNSON & Associates LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $28,000. Columbia River Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $30,000. Flaharty Asset Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $30,000. Finally, LRI Investments LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $33,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $94.01 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The stock has a market capitalization of $23.99 billion, a PE ratio of 22.90 and a beta of 0.72. The company’s 50-day moving average is $94.00 and its 200-day moving average is $92.87.

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.