Corient Private Wealth LLC Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Corient Private Wealth LLC lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 30.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,027 shares of the company’s stock after selling 28,180 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,596,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Millburn Ridgefield Corp boosted its holdings in 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 valued at $324,208,000 after acquiring an additional 180,849 shares during the period. Darrow Company Inc. boosted its holdings in 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 valued at $13,755,000 after acquiring an additional 1,256 shares during the period. Golden State Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $1,529,000. Advisors Preferred LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $438,000. Finally, MONECO Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock valued at $9,437,000 after purchasing an additional 427 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.1 %

Shares of BATS USMV opened at $92.29 on Friday. The business has a fifty day simple moving average of $92.25 and a two-hundred day simple moving average of $91.65. The firm has a market cap of $24.09 billion, a PE ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $79.69 and a twelve month high of $95.12.

About iShares MSCI USA Min Vol Factor ETF

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.