Legacy Financial Advisors Inc. Sells 43,393 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Legacy Financial Advisors Inc. decreased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 30.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 99,715 shares of the company’s stock after selling 43,393 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.5% of Legacy Financial Advisors Inc.’s portfolio, making the stock its 15th largest position. Legacy Financial Advisors Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $8,372,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Sage Capital Advisors llc lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% during the second quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after acquiring an additional 123 shares during the period. Independence Bank of Kentucky lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% during the second quarter. Independence Bank of Kentucky now owns 5,252 shares of the company’s stock valued at $441,000 after acquiring an additional 125 shares during the period. New World Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.9% during the second quarter. New World Advisors LLC now owns 3,447 shares of the company’s stock valued at $289,000 after acquiring an additional 130 shares during the period. Phillips Wealth Planners LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during the fourth quarter. Phillips Wealth Planners LLC now owns 5,887 shares of the company’s stock valued at $464,000 after acquiring an additional 134 shares during the period. Finally, GW Henssler & Associates Ltd. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the first quarter. GW Henssler & Associates Ltd. now owns 10,850 shares of the company’s stock valued at $907,000 after acquiring an additional 135 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.0 %

Shares of USMV opened at $91.29 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm has a market capitalization of $26.75 billion, a PE ratio of 25.30 and a beta of 0.59. The stock’s fifty day simple moving average is $88.54 and its 200-day simple moving average is $84.70.

iShares MSCI USA Min Vol Factor ETF Company 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.