Corient Private Wealth LLC Sells 28,180 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Corient Private Wealth LLC trimmed its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 30.9% in the 4th quarter, HoldingsChannel reports. The fund owned 63,027 shares of the company’s stock after selling 28,180 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,596,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Millburn Ridgefield Corp raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after acquiring an additional 180,849 shares in the last quarter. Darrow Company Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after acquiring an additional 1,256 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $1,529,000. Advisors Preferred LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $438,000. Finally, MONECO Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after acquiring an additional 427 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.1 %

USMV opened at $92.29 on Friday. The firm has a market cap of $24.09 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $79.69 and a 12 month high of $95.12. The stock has a fifty day moving average price of $92.25 and a 200-day moving average price of $91.65.

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.