Forum Private Client Group LLC Has $1.94 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Forum Private Client Group LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,649 shares of the company’s stock after selling 1,127 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 0.7% of Forum Private Client Group LLC’s holdings, making the stock its 24th biggest holding. Forum Private Client Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,938,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. ROSS JOHNSON & Associates LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at about $28,000. Avion Wealth grew its stake in iShares MSCI USA Min Vol Factor ETF by 88.8% in the second quarter. Avion Wealth now owns 304 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares during the period. Flaharty Asset Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $30,000. Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $37,000. Finally, Phillips Financial Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $46,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.7%

Shares of USMV opened at $93.66 on Friday. The business’s fifty day moving average is $94.02 and its 200 day moving average is $93.55. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The stock has a market cap of $23.90 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.