MGO One Seven LLC Decreases Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

MGO One Seven LLC trimmed its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 103,906 shares of the company’s stock after selling 10,355 shares during the period. MGO One Seven LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $9,784,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Frankly Finances LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $25,000. Investors Research Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $26,000. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $29,000. Chapman Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $29,000. Finally, Manning & Napier Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $94.28 on Friday. The business’s fifty day moving average price is $94.34 and its two-hundred day moving average price is $94.46. The stock has a market cap of $24.06 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $98.07.

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.