iShares MSCI USA Min Vol Factor ETF $USMV Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,675,239 shares of the company’s stock after selling 122,022 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.66% of iShares MSCI USA Min Vol Factor ETF worth $157,740,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Millstone Evans Group LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% in the 4th quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock valued at $168,000 after purchasing an additional 106 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.4% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 4,781 shares of the company’s stock valued at $455,000 after buying an additional 113 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.3% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock valued at $3,402,000 after buying an additional 118 shares in the last quarter. Opulen Financial Group LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.4% during the third quarter. Opulen Financial Group LLC now owns 5,120 shares of the company’s stock valued at $487,000 after buying an additional 118 shares in the last quarter. Finally, TSA Wealth Managment LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 3.6% during the fourth quarter. TSA Wealth Managment LLC now owns 3,561 shares of the company’s stock valued at $335,000 after buying an additional 124 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.3%

USMV stock opened at $96.33 on Friday. The firm has a market cap of $24.58 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $98.07. The stock’s 50 day simple moving average is $94.10 and its 200 day simple moving average is $94.66.

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.