Clarity Financial LLC Sells 220 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Clarity Financial LLC reduced its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,843 shares of the company’s stock after selling 220 shares during the quarter. Clarity Financial LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $267,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Compass Wealth Management LLC boosted its holdings 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 worth $26,000 after purchasing an additional 123 shares during the last quarter. ROSS JOHNSON & Associates LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $28,000. Flaharty Asset Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $30,000. Columbia River Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $30,000. Finally, LRI Investments LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $33,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.2%

Shares of USMV opened at $95.01 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The firm has a fifty day simple moving average of $93.78 and a 200 day simple moving average of $92.77. The stock has a market capitalization of $24.25 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.