Accredited Investor Services LLC Sells 262 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Accredited Investor Services LLC cut its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 9,864 shares of the company’s stock after selling 262 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.7% of Accredited Investor Services LLC’s portfolio, making the stock its 14th biggest position. Accredited Investor Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $926,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in USMV. Compass Wealth Management LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% during the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after buying an additional 123 shares during the period. ROSS JOHNSON & Associates LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $28,000. Columbia River Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $30,000. Flaharty Asset Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $30,000. Finally, LRI Investments LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth about $33,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV stock opened at $94.01 on Friday. The stock has a market capitalization of $23.99 billion, a P/E ratio of 22.90 and a beta of 0.72. The business has a 50-day moving average of $94.00 and a 200-day moving average of $92.88. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12.

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.