Monterey Private Wealth Inc. Sells 852 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Monterey Private Wealth Inc. lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 74,560 shares of the company’s stock after selling 852 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 2.7% of Monterey Private Wealth Inc.’s portfolio, making the stock its 11th largest holding. Monterey Private Wealth Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,542,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Eagle Bay Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $28,000. Stonebridge Capital Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 180.4% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock worth $29,000 after acquiring an additional 258 shares during the period. Oak Harbor Wealth Partners LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $33,000. BNP Paribas Arbitrage SNC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $31,000. Finally, Financial Freedom LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $34,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.58 on Friday, reaching $74.84. 1,394,785 shares of the stock were exchanged. The firm’s 50 day moving average is $74.77 and its 200-day moving average is $73.31. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm has a market cap of $28.71 billion, a PE ratio of 20.17 and a beta of 0.75.

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.