Shepherd Financial Partners LLC Sells 812 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Shepherd Financial Partners LLC decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,764 shares of the company’s stock after selling 812 shares during the quarter. Shepherd Financial Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,021,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 17.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,977 shares of the company’s stock valued at $181,000 after purchasing an additional 298 shares during the period. Dynamic Advisor Solutions LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $247,000. Daymark Wealth Partners LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $283,000. UMB Bank n.a. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 27.2% during the 3rd quarter. UMB Bank n.a. now owns 34,401 shares of the company’s stock valued at $3,141,000 after buying an additional 7,365 shares in the last quarter. Finally, Capital Insight Partners LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $220,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $92.73 on Friday. The stock has a 50 day moving average price of $90.80 and a 200 day moving average price of $90.55. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock has a market capitalization of $27.17 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.