Shepherd Kaplan Krochuk LLC Sells 6,978 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Shepherd Kaplan Krochuk LLC lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,771 shares of the company’s stock after selling 6,978 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 5.4% of Shepherd Kaplan Krochuk LLC’s holdings, making the stock its 4th biggest holding. Shepherd Kaplan Krochuk LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,543,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 18.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after purchasing an additional 452,184 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 26.3% during the 2nd quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock worth $201,096,000 after buying an additional 445,896 shares during the last quarter. Portfolio Design Labs LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $34,671,000. Barclays PLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 238.2% during the 3rd quarter. Barclays PLC now owns 500,271 shares of the company’s stock valued at $47,596,000 after buying an additional 352,366 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 62.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 898,946 shares of the company’s stock valued at $85,526,000 after buying an additional 344,482 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $95.07 on Friday. The stock has a market capitalization of $24.26 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 $83.99 and a one year high of $98.07. The business’s 50 day moving average price is $95.50 and its 200 day moving average price is $94.64.

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.