Hibernia Wealth Partners LLC Sells 37,995 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Hibernia Wealth Partners LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 49.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,162 shares of the company’s stock after selling 37,995 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 2.3% of Hibernia Wealth Partners LLC’s holdings, making the stock its 11th biggest holding. Hibernia Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,631,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the second quarter. Raymond James Financial Inc. now owns 13,315,040 shares of the company’s stock valued at $1,249,883,000 after acquiring an additional 191,453 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,831,899 shares of the company’s stock worth $650,670,000 after purchasing an additional 156,234 shares during the period. Millburn Ridgefield LLC DE increased its holdings in iShares MSCI USA Min Vol Factor ETF by 5.4% during the 3rd quarter. Millburn Ridgefield LLC DE now owns 3,752,960 shares of the company’s stock valued at $357,057,000 after purchasing an additional 190,646 shares during the period. Ameriprise Financial Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 18.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after purchasing an additional 452,184 shares during the period. Finally, Cetera Investment Advisers increased its holdings in iShares MSCI USA Min Vol Factor ETF by 26.3% during the 2nd quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock valued at $201,096,000 after purchasing an additional 445,896 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $96.65 on Friday. The stock’s 50-day moving average is $95.38 and its 200 day moving average is $94.59. The company has a market cap of $24.67 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $98.07.

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.