iShares MSCI USA Min Vol Factor ETF $USMV is MorganRosel Wealth Management LLC’s 5th Largest Position

MorganRosel Wealth Management LLC lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 105,804 shares of the company’s stock after selling 10,820 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 2.6% of MorganRosel Wealth Management LLC’s holdings, making the stock its 5th biggest position. MorganRosel Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,066,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in USMV. Ameriprise Financial Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 18.5% during the second quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock valued at $271,634,000 after buying an additional 452,184 shares during the period. Cetera Investment Advisers boosted its position in iShares MSCI USA Min Vol Factor ETF by 26.3% during the second quarter. Cetera Investment Advisers now owns 2,142,277 shares of the company’s stock worth $201,096,000 after purchasing an additional 445,896 shares in the last quarter. Truist Financial Corp boosted its position in iShares MSCI USA Min Vol Factor ETF by 147.7% during the second quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock worth $68,678,000 after purchasing an additional 436,281 shares in the last quarter. Portfolio Design Labs LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $34,671,000. Finally, Ascent Group LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 1,116.1% in the 2nd quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock valued at $28,923,000 after acquiring an additional 282,778 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.8%

BATS:USMV opened at $94.63 on Monday. The company’s 50-day moving average price is $94.13 and its 200-day moving average price is $93.94. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The company has a market cap of $24.15 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.