Capital & Planning LLC Lowers Position in iShares MSCI USA Min Vol Factor ETF $USMV

Capital & Planning LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,209 shares of the company’s stock after selling 6,586 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 5.4% of Capital & Planning LLC’s holdings, making the stock its 12th largest position. Capital & Planning LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,438,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Chapman Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $29,000. Ankerstar Wealth LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $31,000. Garton & Associates Financial Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $33,000. Commonwealth Retirement Investments LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $34,000. Finally, Entrust Financial LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $35,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $100.80 on Tuesday. The firm has a 50-day moving average of $99.16 and a 200-day moving average of $96.42. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $102.21. The company has a market cap of $25.72 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.