Flagship Private Wealth LLC Has $9.70 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Flagship Private Wealth LLC lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 42.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 101,970 shares of the company’s stock after selling 74,112 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 3.9% of Flagship Private Wealth LLC’s portfolio, making the stock its 7th biggest position. Flagship Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,701,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of USMV. Secure Asset Management LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.8% in the third quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock valued at $371,000 after purchasing an additional 108 shares during the period. International Assets Investment Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 2nd quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock worth $1,420,000 after buying an additional 110 shares in the last quarter. Patriot Investment Management Group Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 29,572 shares of the company’s stock worth $2,814,000 after buying an additional 111 shares in the last quarter. Venturi Wealth Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 6,122 shares of the company’s stock worth $582,000 after acquiring an additional 111 shares during the period. Finally, Partners Capital Investment Group LLP lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 3rd quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock worth $2,780,000 after acquiring an additional 112 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.7%

USMV opened at $95.50 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12. The firm has a market cap of $24.37 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a fifty day simple moving average of $94.38 and a 200-day simple moving average of $94.02.

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.