Liberty Wealth Management LLC Has $998,000 Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Liberty Wealth Management LLC reduced its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 77.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,637 shares of the company’s stock after selling 37,473 shares during the period. Liberty Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $998,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $130,668,000. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% during the first quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after acquiring an additional 568,565 shares in the last quarter. Truist Financial Corp boosted its position in iShares MSCI USA Min Vol Factor ETF by 147.7% during the second quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock valued at $68,678,000 after purchasing an additional 436,281 shares during the last quarter. Russell Investments Group Ltd. increased its position in iShares MSCI USA Min Vol Factor ETF by 400.2% in the 1st quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock worth $50,436,000 after purchasing an additional 430,843 shares during the last quarter. Finally, Ascent Group LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1,116.1% in the 2nd quarter. Ascent Group LLC now owns 308,114 shares of the company’s stock worth $28,923,000 after purchasing an additional 282,778 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.51 on Monday. The firm has a market cap of $24.12 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The stock has a 50-day simple moving average of $94.27 and a 200-day simple moving average of $93.18. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 and a 52-week high of $95.12.

About iShares MSCI USA Min Vol Factor ETF

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.