Muirfield Wealth Advisors LLC Sells 408 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Muirfield Wealth Advisors LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,413 shares of the company’s stock after selling 408 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 2.9% of Muirfield Wealth Advisors LLC’s holdings, making the stock its 11th largest position. Muirfield Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,700,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Key Financial Inc grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.6% during the 1st quarter. Key Financial Inc now owns 1,794 shares of the company’s stock valued at $168,000 after acquiring an additional 111 shares during the period. Asset Dedication LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock valued at $795,000 after acquiring an additional 112 shares during the period. Sensible Money LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock valued at $828,000 after acquiring an additional 112 shares during the period. KPP Advisory Services LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% during the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock valued at $391,000 after acquiring an additional 118 shares during the period. Finally, Compass Wealth Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% during the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after acquiring an additional 123 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $94.01 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The firm has a fifty day moving average price of $94.00 and a 200-day moving average price of $92.88. The company has a market cap of $23.99 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.