ShoreHaven Wealth Partners LLC Sells 21,424 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

ShoreHaven Wealth Partners LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 52.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,426 shares of the company’s stock after selling 21,424 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up about 0.9% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 29th largest holding. ShoreHaven Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,516,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in USMV. FMR LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after acquiring an additional 9,059,409 shares during the period. Raymond James & Associates raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock valued at $1,254,785,000 after purchasing an additional 122,005 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after buying an additional 1,000,764 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 54.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock worth $383,689,000 after buying an additional 1,867,739 shares during the period. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $259,275,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.0 %

USMV traded up $0.02 on Wednesday, hitting $82.14. 1,159,756 shares of the company’s stock traded hands. The company’s 50 day simple moving average is $81.80 and its 200-day simple moving average is $78.89. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm has a market cap of $24.07 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.