iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 89.7% in the first quarter, HoldingsChannel.com reports. The fund owned 75,320 shares of the company’s stock after selling 657,384 shares during the period. Quotient Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after purchasing an additional 1,291 shares during the last quarter. Jane Street Group LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after buying an additional 27,868 shares during the last quarter. Hsbc Holdings PLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $399,000. First Trust Advisors LP increased its holdings in iShares MSCI USA Min Vol Factor ETF by 39.0% in the 2nd quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after buying an additional 2,201 shares during the period. Finally, Qube Research & Technologies Ltd raised its position in iShares MSCI USA Min Vol Factor ETF by 465.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after buying an additional 201,483 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $94.24 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $98.07. The firm has a 50 day moving average of $95.04 and a two-hundred day moving average of $94.85. The firm has a market capitalization of $24.05 billion, a PE ratio of 22.90 and a beta of 0.72.

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.