Goldstone Financial Group LLC Has $1.34 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Goldstone Financial Group LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.0% in the first quarter, Holdings Channel reports. The fund owned 14,285 shares of the company’s stock after selling 294 shares during the period. Goldstone Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Tallon Kerry Patrick bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $621,000. Capital & Planning LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.5% in the fourth quarter. Capital & Planning LLC now owns 117,575 shares of the company’s stock valued at $10,439,000 after acquiring an additional 562 shares during the period. Brighton Jones LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after acquiring an additional 1,291 shares during the period. Stonebridge Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $28,000. Finally, Quent Capital LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 96.3% in the fourth quarter. Quent Capital LLC now owns 632 shares of the company’s stock valued at $56,000 after acquiring an additional 310 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.9%

BATS USMV opened at $92.95 on Friday. The stock has a market cap of $23.83 billion, a P/E ratio of 24.27 and a beta of 0.72. The company’s 50-day simple moving average is $91.94 and its 200 day simple moving average is $91.78. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $82.44 and a twelve month high of $95.12.

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.