CCG Wealth Management LLC Has $1.36 Million Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

CCG Wealth Management LLC reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,225 shares of the company’s stock after selling 293 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for about 0.8% of CCG Wealth Management LLC’s portfolio, making the stock its 22nd largest holding. CCG Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,362,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cherry Tree Wealth Management LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 17,305 shares of the company’s stock valued at $1,350,000 after acquiring an additional 160 shares during the last quarter. Camden National Bank increased its position in iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Camden National Bank now owns 61,741 shares of the company’s stock worth $4,818,000 after buying an additional 2,188 shares during the last quarter. Soundwatch Capital LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $140,000. Morningstar Investment Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 96.7% in the 4th quarter. Morningstar Investment Services LLC now owns 10,924 shares of the company’s stock valued at $851,000 after acquiring an additional 5,369 shares during the period. Finally, Focus Financial Network Inc. ADV acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $7,550,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.7 %

Shares of USMV traded up $0.63 during trading hours on Friday, hitting $91.32. The company had a trading volume of 2,171,271 shares. The business has a fifty day moving average of $86.58 and a 200-day moving average of $83.71. The firm has a market cap of $26.76 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month 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.