Sagespring Wealth Partners LLC Reduces Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Sagespring Wealth Partners LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 261,676 shares of the company’s stock after selling 21,677 shares during the period. Sagespring Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $24,639,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% during the 1st quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock worth $3,323,000 after acquiring an additional 27,868 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 35.9% during the second quarter. TD Waterhouse Canada Inc. now owns 50,042 shares of the company’s stock worth $4,697,000 after purchasing an additional 13,208 shares during the last quarter. Howe & Rusling Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 141.8% during the second quarter. Howe & Rusling Inc. now owns 515 shares of the company’s stock worth $48,000 after purchasing an additional 302 shares during the last quarter. Finally, Guerra Pan Advisors LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.2% in the second quarter. Guerra Pan Advisors LLC now owns 68,869 shares of the company’s stock valued at $6,465,000 after purchasing an additional 2,115 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.0%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.35 on Friday. The firm has a market capitalization of $23.57 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $98.07. The firm’s 50 day moving average is $95.46 and its two-hundred day moving average is $94.63.

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.