Brookstone Capital Management Decreases Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Brookstone Capital Management reduced its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 854,348 shares of the company’s stock after selling 47,238 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.9% of Brookstone Capital Management’s portfolio, making the stock its 16th largest holding. Brookstone Capital Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $80,445,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Insight Inv LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $1,083,000. Win Advisors Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $899,000. Dynasty Wealth Management LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% in the 3rd quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock worth $120,051,000 after buying an additional 84,969 shares in the last quarter. Becker Capital Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $569,000. Finally, Cynosure Group LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 16.8% in the 3rd quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock valued at $4,036,000 after acquiring an additional 6,104 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6%

BATS:USMV opened at $91.69 on Tuesday. The company has a market capitalization of $23.40 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm has a 50-day moving average price of $95.17 and a two-hundred day moving average price of $94.55. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $98.07.

iShares MSCI USA Min Vol Factor ETF 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.