MGO One Seven LLC Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

MGO One Seven LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 103,906 shares of the company’s stock after selling 10,355 shares during the quarter. MGO One Seven LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,784,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USMV. Insight Inv LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $1,083,000. Win Advisors Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $899,000. Dynasty Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 7.2% in the 3rd quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock valued at $120,051,000 after acquiring an additional 84,969 shares during the last quarter. Becker Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $569,000. Finally, Beacon Bank & Trust lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.5% during the 3rd quarter. Beacon Bank & Trust now owns 135,943 shares of the company’s stock worth $12,934,000 after purchasing an additional 8,267 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.3%

USMV stock opened at $94.28 on Friday. The stock has a market capitalization of $24.06 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.07. The stock’s fifty day simple moving average is $94.34 and its 200-day simple moving average is $94.46.

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.