Bernardo Wealth Planning LLC Cuts Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Bernardo Wealth Planning LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,154 shares of the company’s stock after selling 250 shares during the period. Bernardo Wealth Planning LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,855,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of USMV. SpiderRock Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $629,000. EdgeRock Capital LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% during the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after purchasing an additional 43,846 shares during the period. Thrivent Financial for Lutherans increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the second quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock valued at $19,494,000 after acquiring an additional 1,785 shares during the last quarter. Finally, Gateway Wealth Partners LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 4.8% in the second quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock valued at $4,201,000 after purchasing an additional 2,304 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.4 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $89.87 on Friday. The company has a 50 day moving average of $91.16 and a 200 day moving average of $89.94. The company has a market capitalization of $26.33 billion, a P/E 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.

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.