iShares MSCI USA Min Vol Factor ETF $USMV Stock: MGO One Seven LLC Reduces Stake

MGO One Seven LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 109,970 shares of the company’s stock after selling 8,637 shares during the period. MGO One Seven LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,715,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. NFSG Corp raised its holdings in iShares MSCI USA Min Vol Factor ETF by 134.6% during the third quarter. NFSG Corp now owns 366 shares of the company’s stock worth $36,000 after purchasing an additional 210 shares in the last quarter. Beacon Financial Strategies CORP bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $42,000. MADDEN SECURITIES Corp bought a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $74,000. Main Street Group LTD bought a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $77,000. Finally, Compass Financial Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $84,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $102.93 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $103.84. The business’s fifty day moving average is $100.46 and its 200-day moving average is $96.99. The stock has a market cap of $26.27 billion, a PE ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.