Quotient Wealth Partners LLC Decreases Position in iShares MSCI USA Min Vol Factor ETF $USMV

Quotient Wealth Partners LLC decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 89.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,320 shares of the company’s stock after selling 657,384 shares during the quarter. Quotient Wealth Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,985,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Frankly Finances LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $25,000. Investors Research Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $26,000. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $29,000. Chapman Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at about $29,000. Finally, Abound Wealth Management increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% during the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after acquiring an additional 271 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.24 on Friday. The company has a 50 day moving average price of $95.04 and a 200 day moving average price of $94.85. The firm has a market capitalization of $24.05 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07.

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.