iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Brookstone Capital Management

Brookstone Capital Management cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,025,663 shares of the company’s stock after selling 63,482 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.5% of Brookstone Capital Management’s investment portfolio, making the stock its 9th biggest holding. Brookstone Capital Management owned approximately 0.35% of iShares MSCI USA Min Vol Factor ETF worth $89,017,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Cherry Tree Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock valued at $1,350,000 after buying an additional 160 shares during the last quarter. ARS Wealth Advisors Group LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.5% in the 4th quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock valued at $39,946,000 after purchasing an additional 22,057 shares during the period. EWA LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 9.2% in the 4th quarter. EWA LLC now owns 115,354 shares of the company’s stock valued at $9,269,000 after purchasing an additional 9,725 shares during the last quarter. Criterion Capital Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $42,000. Finally, Camden National Bank increased its position in iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Camden National Bank now owns 61,741 shares of the company’s stock worth $4,818,000 after buying an additional 2,188 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock traded up $0.29 during midday trading on Friday, reaching $88.89. 1,442,999 shares of the company were exchanged. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm has a market capitalization of $26.04 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business has a 50-day moving average price of $85.22 and a two-hundred day moving average price of $82.99.

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.