Wharton Business Group LLC Has $6.64 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Wharton Business Group LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,742 shares of the company’s stock after selling 1,213 shares during the period. Wharton Business Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,636,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of USMV. PNC Financial Services Group Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after acquiring an additional 91,948 shares during the last quarter. LPL Financial LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares in the last quarter. Millburn Ridgefield Corp boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after purchasing an additional 180,849 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the third quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock valued at $194,871,000 after buying an additional 17,264 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.06 on Monday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a market cap of $27.27 billion, a PE ratio of 25.30 and a beta of 0.59. The company has a 50 day simple moving average of $90.80 and a 200 day simple moving average of $91.16.

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.