iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Fort Point Capital Partners LLC

Fort Point Capital Partners LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 48.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,699 shares of the company’s stock after selling 10,106 shares during the period. Fort Point Capital Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,018,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in USMV. Brighton Jones LLC grew its holdings in 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 valued at $1,002,000 after buying an additional 1,291 shares during the last quarter. Jane Street Group LLC grew its holdings 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 purchasing an additional 27,868 shares during the period. Foundations Investment Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.8% in the second quarter. Foundations Investment Advisors LLC now owns 61,445 shares of the company’s stock worth $5,768,000 after acquiring an additional 3,346 shares in the last quarter. Creative Planning lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.2% during the 2nd quarter. Creative Planning now owns 266,538 shares of the company’s stock valued at $25,020,000 after acquiring an additional 10,825 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.0% during the second quarter. Avantax Advisory Services Inc. now owns 237,558 shares of the company’s stock worth $22,300,000 after purchasing an additional 4,616 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $95.07 on Monday. The firm has a market capitalization of $24.26 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $98.07. The company’s fifty day moving average price is $95.50 and its two-hundred day moving average price is $94.65.

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.