Beaumont Financial Advisors LLC Has $335,000 Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Beaumont Financial Advisors LLC lowered its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,574 shares of the company’s stock after selling 179 shares during the period. Beaumont Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $335,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Compass Wealth Management LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 82.0% in the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock valued at $26,000 after buying an additional 123 shares during the period. ROSS JOHNSON & Associates LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $28,000. Columbia River Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $30,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $30,000. Finally, LRI Investments LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at approximately $33,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $94.52 on Friday. The firm has a 50 day simple moving average of $93.70 and a two-hundred day simple moving average of $92.70. iShares MSCI USA Min Vol Factor ETF has a one year low of $83.99 and a one year high of $95.12. The company has a market cap of $24.12 billion, a P/E 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.