iShares MSCI USA Min Vol Factor ETF $USMV Holdings Lowered by RHS Financial LLC

RHS Financial LLC cut its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,693 shares of the company’s stock after selling 4,229 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 2.5% of RHS Financial LLC’s investment portfolio, making the stock its 11th biggest position. RHS Financial LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,477,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in USMV. Almanack Investment Partners LLC. lifted its position in iShares MSCI USA Min Vol Factor ETF by 0.6% in the second quarter. Almanack Investment Partners LLC. now owns 20,319 shares of the company’s stock worth $1,907,000 after purchasing an additional 124 shares during the period. Prostatis Group LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 7.5% in the second quarter. Prostatis Group LLC now owns 3,486 shares of the company’s stock worth $327,000 after purchasing an additional 244 shares during the period. CWM LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 4.0% in the second quarter. CWM LLC now owns 761,223 shares of the company’s stock worth $71,456,000 after purchasing an additional 29,460 shares during the period. Strategic Point Investment Advisors LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 4.6% in the second quarter. Strategic Point Investment Advisors LLC now owns 41,452 shares of the company’s stock worth $3,891,000 after purchasing an additional 1,804 shares during the period. Finally, Tranquility Partners LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 3.3% in the second quarter. Tranquility Partners LLC now owns 14,591 shares of the company’s stock worth $1,370,000 after purchasing an additional 463 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $94.01 on Monday. The company has a market capitalization 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 has a 1-year low of $83.99 and a 1-year high of $95.12. The business has a 50 day moving average price of $94.00 and a two-hundred day moving average price of $92.87.

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.