iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Sold by Creekmur Asset Management LLC

Creekmur Asset Management LLC lowered its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 10,511 shares of the company’s stock after selling 200 shares during the quarter. Creekmur Asset Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $984,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Key Financial Inc increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.6% in the first quarter. Key Financial Inc now owns 1,794 shares of the company’s stock worth $168,000 after acquiring an additional 111 shares in the last quarter. Asset Dedication LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.3% during the first quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock valued at $795,000 after purchasing an additional 112 shares in the last quarter. Heritage Wealth Advisors grew its position in iShares MSCI USA Min Vol Factor ETF by 27.4% during the fourth quarter. Heritage Wealth Advisors now owns 544 shares of the company’s stock valued at $48,000 after purchasing an additional 117 shares in the last quarter. Compass Wealth Management LLC grew its position in 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 valued at $26,000 after purchasing an additional 123 shares in the last quarter. Finally, Alta Wealth Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.8% during the first quarter. Alta Wealth Advisors LLC now owns 7,499 shares of the company’s stock valued at $702,000 after purchasing an additional 129 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $93.10 on Friday. The company’s 50 day moving average price is $93.05 and its 200 day moving average price is $91.98. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12. The company has a market capitalization of $23.76 billion, a PE 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.