Brookstone Capital Management Sells 15,248 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Brookstone Capital Management lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,010,415 shares of the company’s stock after selling 15,248 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 1.4% of Brookstone Capital Management’s portfolio, making the stock its 11th biggest position. Brookstone Capital Management owned about 0.34% of iShares MSCI USA Min Vol Factor ETF worth $92,261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of USMV. Insight Wealth Strategies LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 10.2% in the 3rd quarter. Insight Wealth Strategies LLC now owns 339,326 shares of the company’s stock valued at $30,984,000 after buying an additional 31,433 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $247,000. Blue Zone Wealth Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.0% in the 3rd quarter. Blue Zone Wealth Advisors LLC now owns 3,779 shares of the company’s stock valued at $345,000 after buying an additional 247 shares during the last quarter. Fulton Bank N.A. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 34.0% in the 3rd quarter. Fulton Bank N.A. now owns 3,382 shares of the company’s stock valued at $309,000 after buying an additional 858 shares during the last quarter. Finally, WealthBridge Capital Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.8% in the 3rd quarter. WealthBridge Capital Management LLC now owns 48,500 shares of the company’s stock valued at $4,429,000 after buying an additional 1,326 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.8 %

BATS USMV opened at $90.84 on Wednesday. The business’s 50-day moving average price is $89.72 and its two-hundred day moving average price is $85.46. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm has a market capitalization of $26.62 billion, a PE ratio of 25.30 and a beta of 0.59.

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.