iShares MSCI USA Min Vol Factor ETF $USMV Stock: MGO One Seven LLC Reduces Stake

MGO One Seven LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 109,970 shares of the company’s stock after selling 8,637 shares during the period. MGO One Seven LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,715,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Apollon Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1,040.9% during the third quarter. Apollon Wealth Management LLC now owns 989,315 shares of the company’s stock worth $96,399,000 after buying an additional 902,603 shares in the last quarter. Geneos Wealth Management Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 99.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after buying an additional 569,762 shares during the last quarter. Anderson Hoagland & Co. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $26,131,000. Citizens Financial Group Inc. RI bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $21,050,000. Finally, Piedmont Capital Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $19,753,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $102.93 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $103.84. The stock has a fifty day moving average of $100.46 and a 200-day moving average of $96.99. The company has a market capitalization of $26.27 billion, a PE ratio of 22.90 and a beta of 0.72.

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.