Cherry Tree Wealth Management LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 5.3% during the 4th quarter, Holdings Channel reports. The firm owned 14,458 shares of the company’s stock after selling 816 shares during the period. Cherry Tree Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,284,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Millburn Ridgefield Corp increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after purchasing an additional 180,849 shares during the last quarter. Darrow Company Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during 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 during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $1,529,000. SpiderRock Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $629,000. Finally, Advisors Preferred LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $438,000.
iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %
USMV stock opened at $93.06 on Monday. The firm has a market capitalization of $27.27 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The business’s 50 day simple moving average is $90.80 and its 200 day simple moving average is $91.16.
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.
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