Assetmark Inc. lessened its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 13.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,343,205 shares of the company’s stock after selling 211,159 shares during the period. Assetmark Inc. owned approximately 0.53% of iShares MSCI USA Min Vol Factor ETF worth $124,569,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Main Street Group LTD bought a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $77,000. Angeles Wealth Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth about $104,000. Bessemer Group Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.2% during the 1st quarter. Bessemer Group Inc. now owns 8,316 shares of the company’s stock worth $771,000 after buying an additional 180 shares in the last quarter. Adaptive Financial Consulting LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.7% in the 1st quarter. Adaptive Financial Consulting LLC now owns 235,579 shares of the company’s stock worth $21,848,000 after acquiring an additional 12,740 shares during the period. Finally, Independent Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth approximately $5,374,000.
iShares MSCI USA Min Vol Factor ETF Price Performance
iShares MSCI USA Min Vol Factor ETF stock opened at $97.13 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $98.73. The stock has a market capitalization of $24.79 billion, a PE ratio of 22.90 and a beta of 0.72. The firm has a 50 day simple moving average of $96.05 and a 200-day simple moving average of $95.15.
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.
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