Prasad Wealth Partners LLC Sells 814 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Prasad Wealth Partners LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,298 shares of the company’s stock after selling 814 shares during the period. Prasad Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $779,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,675,665 shares of the company’s stock valued at $628,581,000 after acquiring an additional 51,463 shares in the last quarter. LPL Financial LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 3.4% during the 1st quarter. LPL Financial LLC now owns 5,876,594 shares of the company’s stock valued at $550,402,000 after acquiring an additional 190,680 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,605,177 shares of the company’s stock valued at $431,321,000 after acquiring an additional 112,814 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 17.3% during the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock valued at $360,219,000 after acquiring an additional 568,565 shares in the last quarter. Finally, Catalyst Capital Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.9% during the 1st quarter. Catalyst Capital Advisors LLC now owns 3,755,502 shares of the company’s stock valued at $351,740,000 after acquiring an additional 104,095 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $95.14 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The firm has a market cap of $24.28 billion, a PE ratio of 22.90 and a beta of 0.72. The stock has a fifty day moving average price of $93.85 and a 200-day moving average price of $92.82.

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.