iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC reduced its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 113,934 shares of the company’s stock after selling 12,168 shares during the period. Cresset Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,840,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 43.7% in the third quarter. Focus Partners Advisor Solutions LLC now owns 57,812 shares of the company’s stock valued at $5,419,000 after buying an additional 17,579 shares during the last quarter. Becker Capital Management Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $569,000. Kingsview Wealth Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 64.0% in the 3rd quarter. Kingsview Wealth Management LLC now owns 43,887 shares of the company’s stock valued at $4,175,000 after acquiring an additional 17,121 shares during the period. Smart Money Group LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 117.4% in the 3rd quarter. Smart Money Group LLC now owns 18,426 shares of the company’s stock valued at $1,753,000 after purchasing an additional 9,952 shares during the last quarter. Finally, Meridian Wealth Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 2.9% in the 3rd quarter. Meridian Wealth Advisors LLC now owns 140,722 shares of the company’s stock valued at $13,388,000 after purchasing an additional 3,975 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.81 on Friday. The company has a market capitalization of $24.71 billion, a P/E 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. The company’s fifty day moving average is $95.35 and its two-hundred day moving average is $94.57.

About iShares MSCI USA Min Vol Factor ETF

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.