Summit Wealth Partners LLC Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Summit Wealth Partners LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 219,886 shares of the company’s stock after selling 2,520 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 3.9% of Summit Wealth Partners LLC’s holdings, making the stock its 5th largest holding. Summit Wealth Partners LLC owned 0.08% of iShares MSCI USA Min Vol Factor ETF worth $20,078,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $30,000. Gleason Group Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $32,000. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $33,000. Strategic Financial Concepts LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $35,000. Finally, Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $89.99 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a fifty day moving average of $91.15 and a 200-day moving average of $86.52. The company has a market capitalization of $26.37 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.