Castle Rock Wealth Management LLC Trims Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Castle Rock Wealth Management LLC trimmed its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 25.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,976 shares of the company’s stock after selling 2,444 shares during the period. Castle Rock Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $648,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in USMV. Tallon Kerry Patrick purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $621,000. Capital & Planning LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.5% in the fourth quarter. Capital & Planning LLC now owns 117,575 shares of the company’s stock worth $10,439,000 after acquiring an additional 562 shares in the last quarter. Brighton Jones LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Fifth Third Bancorp boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.7% in the fourth quarter. Fifth Third Bancorp now owns 8,625 shares of the company’s stock worth $766,000 after acquiring an additional 223 shares in the last quarter. Finally, Drive Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $221,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.2%

iShares MSCI USA Min Vol Factor ETF stock opened at $93.26 on Wednesday. The business’s fifty day simple moving average is $91.49 and its two-hundred day simple moving average is $91.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $81.34 and a 12 month high of $95.12. The company has a market capitalization of $24.18 billion, a price-to-earnings ratio of 24.27 and a beta of 0.74.

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.