Shepherd Financial Partners LLC Sells 233 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Shepherd Financial Partners LLC lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,576 shares of the company’s stock after selling 233 shares during the period. Shepherd Financial Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,153,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Focus Financial Network Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 1.0% in the 3rd quarter. Focus Financial Network Inc. now owns 45,325 shares of the company’s stock valued at $4,139,000 after buying an additional 449 shares in the last quarter. Goldstone Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $1,361,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $363,000. Financial Advocates Investment Management grew its holdings in iShares MSCI USA Min Vol Factor ETF by 43.2% in the 3rd quarter. Financial Advocates Investment Management now owns 87,309 shares of the company’s stock valued at $7,974,000 after buying an additional 26,322 shares in the last quarter. Finally, JFS Wealth Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 13.0% in the 3rd quarter. JFS Wealth Advisors LLC now owns 3,892 shares of the company’s stock valued at $355,000 after buying an additional 449 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV traded down $0.65 on Friday, reaching $89.99. The stock had a trading volume of 1,595,231 shares. The company has a market cap of $26.37 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a fifty day moving average of $91.15 and a two-hundred day moving average of $86.52.

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.