Stokes Family Office LLC Lowers Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Stokes Family Office LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 64.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 71,615 shares of the company’s stock after selling 128,248 shares during the quarter. Stokes Family Office LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,588,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. SVB Wealth LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 29.8% during the 3rd quarter. SVB Wealth LLC now owns 8,144 shares of the company’s stock worth $589,000 after acquiring an additional 1,868 shares in the last quarter. Mission Wealth Management LP lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 8.7% in the 3rd quarter. Mission Wealth Management LP now owns 5,598 shares of the company’s stock worth $405,000 after purchasing an additional 448 shares during the period. Stratos Wealth Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.6% during the third quarter. Stratos Wealth Advisors LLC now owns 20,060 shares of the company’s stock valued at $1,452,000 after purchasing an additional 1,060 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in iShares MSCI USA Min Vol Factor ETF by 120.0% during the third quarter. Bank of New York Mellon Corp now owns 1,743,289 shares of the company’s stock valued at $126,179,000 after buying an additional 951,050 shares during the period. Finally, Wealth Management Resources Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 6.5% in the third quarter. Wealth Management Resources Inc. now owns 139,700 shares of the company’s stock worth $10,109,000 after buying an additional 8,491 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock traded up $0.47 during mid-day trading on Friday, reaching $81.11. 2,341,851 shares of the company were exchanged. The firm has a market cap of $23.77 billion, a P/E ratio of 25.30 and a beta of 0.59. The business has a fifty day moving average of $81.78 and a 200 day moving average of $78.68. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

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.