Simplicity Wealth LLC Has $707,000 Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Simplicity Wealth LLC cut its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 75.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,435 shares of the company’s stock after selling 22,420 shares during the period. Simplicity Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $707,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Detalus Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.8% in the third quarter. Detalus Advisors LLC now owns 26,052 shares of the company’s stock valued at $2,479,000 after purchasing an additional 1,428 shares during the last quarter. Charter Oak Capital Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth $212,000. Register Financial Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.6% during the 3rd quarter. Register Financial Advisors LLC now owns 4,258 shares of the company’s stock valued at $405,000 after acquiring an additional 147 shares in the last quarter. Tranquility Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% during the third quarter. Tranquility Partners LLC now owns 14,750 shares of the company’s stock valued at $1,403,000 after purchasing an additional 159 shares in the last quarter. Finally, Rakuten Investment Management Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $9,745,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.0%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.86 on Friday. The stock has a market capitalization of $24.21 billion, a P/E ratio of 22.90 and a beta of 0.72. The company has a 50-day simple moving average of $94.34 and a 200 day simple moving average of $94.00. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12.

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.