iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Syntegra Private Wealth Group LLC

Syntegra Private Wealth Group LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 16.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 155,157 shares of the company’s stock after selling 31,222 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 1.4% of Syntegra Private Wealth Group LLC’s investment portfolio, making the stock its 13th biggest holding. Syntegra Private Wealth Group LLC owned about 0.06% of iShares MSCI USA Min Vol Factor ETF worth $14,389,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Morgan Stanley raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% during the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after purchasing an additional 465,870 shares during the last quarter. Bank of America Corp DE grew its position in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 3rd quarter. Bank of America Corp DE now owns 13,794,595 shares of the company’s stock valued at $1,312,418,000 after buying an additional 98,221 shares during the last quarter. Raymond James Financial Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 4th quarter. Raymond James Financial Inc. now owns 13,773,118 shares of the company’s stock valued at $1,296,877,000 after buying an additional 251,970 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock valued at $659,752,000 after buying an additional 145,843 shares during the period. Finally, Catalyst Capital Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 13.0% in the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after buying an additional 489,637 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $97.89 on Friday. The company has a market cap of $24.98 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07. The firm has a fifty day moving average of $95.44 and a two-hundred day moving average of $94.96.

iShares MSCI USA Min Vol Factor ETF 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.