Creative Planning Sells 595 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Creative Planning lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209,550 shares of the company’s stock after selling 595 shares during the quarter. Creative Planning owned 0.07% of iShares MSCI USA Min Vol Factor ETF worth $19,134,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Sage Capital Advisors llc raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the 2nd quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after buying an additional 123 shares in the last quarter. Independence Bank of Kentucky raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the 2nd quarter. Independence Bank of Kentucky now owns 5,252 shares of the company’s stock valued at $441,000 after buying an additional 125 shares in the last quarter. Beaumont Financial Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.7% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 4,879 shares of the company’s stock valued at $445,000 after buying an additional 128 shares in the last quarter. New World Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.9% in the 2nd quarter. New World Advisors LLC now owns 3,447 shares of the company’s stock valued at $289,000 after buying an additional 130 shares in the last quarter. Finally, GW Henssler & Associates Ltd. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 1st quarter. GW Henssler & Associates Ltd. now owns 10,850 shares of the company’s stock valued at $907,000 after buying an additional 135 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $92.45 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock has a market cap of $27.09 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm has a fifty day moving average of $90.79 and a 200-day moving average of $86.06.

iShares MSCI USA Min Vol Factor ETF Company 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.