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

Bernardo Wealth Planning LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 22.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,404 shares of the company’s stock after selling 6,059 shares during the quarter. Bernardo Wealth Planning LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,987,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. DMC Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth $222,000. New Century Financial Group LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 13.6% during the 3rd quarter. New Century Financial Group LLC now owns 23,657 shares of the company’s stock worth $2,160,000 after purchasing an additional 2,841 shares during the period. Capital Investment Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $203,000. Stratos Investment Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $204,000. Finally, M3 Advisory Group LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% during the third quarter. M3 Advisory Group LLC now owns 3,808 shares of the company’s stock worth $348,000 after purchasing an additional 159 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $92.87 on Friday. The firm has a market cap of $27.21 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 stock has a 50-day simple moving average of $90.67 and a 200-day simple moving average of $85.96.

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.