McNaughton Wealth Management LLC reduced its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 12.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,843 shares of the company’s stock after selling 5,919 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 1.4% of McNaughton Wealth Management LLC’s portfolio, making the stock its 23rd largest position. McNaughton Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,940,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Morgan Stanley boosted its position in iShares MSCI USA Min Vol Factor ETF by 3.2% during the 4th quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after purchasing an additional 465,870 shares during the period. Raymond James Financial Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the fourth quarter. Raymond James Financial Inc. now owns 13,773,118 shares of the company’s stock worth $1,296,877,000 after purchasing an additional 251,970 shares in the last quarter. Catalyst Capital Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after buying an additional 489,637 shares during the period. UBS Group AG grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock valued at $337,364,000 after buying an additional 80,056 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.9% during the 4th quarter. JPMorgan Chase & Co. now owns 3,542,763 shares of the company’s stock valued at $333,587,000 after buying an additional 198,476 shares during the period.
iShares MSCI USA Min Vol Factor ETF Stock Performance
iShares MSCI USA Min Vol Factor ETF stock opened at $99.69 on Thursday. The firm has a market capitalization of $25.44 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $100.24. The stock’s 50 day moving average price is $96.65 and its 200 day moving average price is $95.47.
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.
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