M Holdings Securities Inc. Sells 19,306 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

M Holdings Securities Inc. lowered its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 39.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,487 shares of the company’s stock after selling 19,306 shares during the quarter. M Holdings Securities Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,020,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of USMV. Avantax Planning Partners Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $501,000. Brighton Jones LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $1,008,000. StoneX Group Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $1,085,000. Leelyn Smith LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.7% during the 3rd quarter. Leelyn Smith LLC now owns 168,833 shares of the company’s stock worth $16,451,000 after acquiring an additional 2,874 shares in the last quarter. Finally, Verus Capital Partners LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% during the 3rd quarter. Verus Capital Partners LLC now owns 139,731 shares of the company’s stock worth $13,615,000 after acquiring an additional 1,561 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $101.23 on Monday. The company has a market cap of $23.70 billion, a PE ratio of 23.08 and a beta of 0.63. The stock has a 50-day moving average of $100.57 and a 200-day moving average of $97.20. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $104.75.

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.