Houlihan Financial Resource Group Ltd. Sells 23,040 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Houlihan Financial Resource Group Ltd. lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 59.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,940 shares of the company’s stock after selling 23,040 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 1.3% of Houlihan Financial Resource Group Ltd.’s portfolio, making the stock its 29th largest holding. Houlihan Financial Resource Group Ltd.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Avion Wealth raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 88.8% during the second quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after acquiring an additional 143 shares during the last quarter. Chapman Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth about $29,000. Manning & Napier Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $30,000. Phillips Financial Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $46,000. Finally, Howe & Rusling Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 141.8% in the 2nd quarter. Howe & Rusling Inc. now owns 515 shares of the company’s stock valued at $48,000 after purchasing an additional 302 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $94.49 on Friday. The stock has a market cap of $24.11 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company has a 50 day moving average of $94.28 and a 200-day moving average of $93.97. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12.

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.