Brookstone Capital Management Has $87.18 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Brookstone Capital Management trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 981,832 shares of the company’s stock after selling 28,583 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.3% of Brookstone Capital Management’s investment portfolio, making the stock its 12th biggest position. Brookstone Capital Management owned approximately 0.34% of iShares MSCI USA Min Vol Factor ETF worth $87,177,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Fiduciary Alliance LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $235,000. Winthrop Advisory Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $327,000. LVM Capital Management Ltd. MI acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $202,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after purchasing an additional 21,739 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $1,466,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.5 %

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $1.32 during trading on Monday, reaching $87.68. The company’s stock had a trading volume of 1,504,203 shares. The business’s 50-day moving average price is $91.46 and its 200-day moving average price is $89.81. The firm has a market cap of $25.69 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45.

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.