waypoint wealth counsel Has $617,000 Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

waypoint wealth counsel lowered its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,948 shares of the company’s stock after selling 1,118 shares during the period. waypoint wealth counsel’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $617,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in USMV. SpiderRock Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $629,000. EdgeRock Capital LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after buying an additional 3,371 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock worth $57,937,000 after buying an additional 43,846 shares in the last quarter. Gateway Wealth Partners LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the 2nd quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock worth $4,201,000 after buying an additional 2,304 shares during the last quarter. Finally, Bell Investment Advisors Inc grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 42.2% in the third quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock valued at $3,516,000 after acquiring an additional 11,432 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 2.6 %

Shares of USMV opened at $90.97 on Monday. The stock has a 50 day moving average of $90.96 and a 200 day moving average of $90.21. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company has a market capitalization of $26.65 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.