MVPAETF / FundMiller Value Partners Appreciation ETF
Verdicts genuinely change. Free email alert the moment MVPA's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Miller Value Partners Appreciation ETF ETF · Advisor Managed Portfolios
35 holdings · as of 2026-06-30 (4.0 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT 60.66% of portfolio weight is in non-compliant holdings, over the 5% threshold.
35 holdings, 28 matched (78% of weight). Portfolio as of 2026-06-30, filed 2026-08-31. Source: SEC Form N-PORT.
4.84% of this portfolio’s income is non-permissible — weighted across holdings, computed over 72% of portfolio weight (27 of 35 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
13.1% compliant 4.5% questionable 60.7% non-compliant 21.7% unscreened
All holdings (35)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Crocs Inc | UNSCREENED | 7.07% | no in-house ratios for this holding |
| BFH Bread Financial Holdings Inc | NON_COMPLIANT | 5.99% | AAOIFI101.5% Usmani19.3% Dow Jones Islamic143.0% S&P Shariah165.3% MSCI Islamic19.3% MSCI Islamic M-Series165.3% FTSE Shariah19.3% |
| BLMN Bloomin' Brands Inc | NON_COMPLIANT | 5.84% | AAOIFI228.2% Usmani61.7% Dow Jones Islamic251.6% S&P Shariah169.2% MSCI Islamic61.3% MSCI Islamic M-Series169.2% FTSE Shariah22.5% |
| Crescent Energy Co | UNSCREENED | 5.78% | no in-house ratios for this holding |
| ZD Ziff Davis Inc | NON_COMPLIANT | 5.42% | AAOIFI44.8% Usmani21.7% Dow Jones Islamic50.9% S&P Shariah42.3% MSCI Islamic21.7% MSCI Islamic M-Series42.3% FTSE Shariah21.7% |
| UPS United Parcel Service Inc | NON_COMPLIANT | 5.31% | AAOIFI32.8% Usmani40.2% Dow Jones Islamic40.1% S&P Shariah37.0% MSCI Islamic40.2% MSCI Islamic M-Series37.0% FTSE Shariah34.4% |
| CTRN Citi Trends Inc | NON_COMPLIANT | 4.73% | AAOIFI46.3% Usmani46.2% Dow Jones Islamic72.8% S&P Shariah82.4% MSCI Islamic46.2% MSCI Islamic M-Series82.4% FTSE Shariah0.0% |
| MELI MercadoLibre Inc | COMPLIANT | 4.45% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| LNC Lincoln National Corp | NON_COMPLIANT | 4.27% | AAOIFI74.3% Usmani1.5% Dow Jones Islamic100.2% S&P Shariah113.6% MSCI Islamic1.5% MSCI Islamic M-Series113.6% FTSE Shariah1.5% |
| Figure Technology Solutions In | UNSCREENED | 4.25% | no in-house ratios for this holding |
| CTO CTO Realty Growth Inc | NON_COMPLIANT | 3.99% | AAOIFI80.6% Usmani50.0% Dow Jones Islamic115.6% S&P Shariah134.6% MSCI Islamic50.0% MSCI Islamic M-Series134.6% FTSE Shariah50.0% |
| ABNB Airbnb Inc | NON_COMPLIANT | 3.51% | AAOIFI2.3% Usmani8.7% Dow Jones Islamic3.1% S&P Shariah3.1% MSCI Islamic8.7% MSCI Islamic M-Series3.1% FTSE Shariah8.6% |
| Maplebear Inc | UNSCREENED | 3.28% | no in-house ratios for this holding |
| JXN Jackson Financial Inc | NON_COMPLIANT | 3.25% | AAOIFI29.9% Usmani0.8% Dow Jones Islamic40.4% S&P Shariah46.2% MSCI Islamic0.8% MSCI Islamic M-Series46.2% FTSE Shariah0.8% |
| REZI Resideo Technologies Inc | NON_COMPLIANT | 3.19% | AAOIFI130.9% Usmani44.5% Dow Jones Islamic92.2% S&P Shariah104.2% MSCI Islamic44.5% MSCI Islamic M-Series104.2% FTSE Shariah40.7% |
| QUAD Quad/Graphics Inc | NON_COMPLIANT | 2.79% | AAOIFI91.1% Usmani40.9% Dow Jones Islamic156.0% S&P Shariah172.0% MSCI Islamic40.8% MSCI Islamic M-Series172.0% FTSE Shariah35.2% |
| VTRS Viatris Inc | NON_COMPLIANT | 2.72% | AAOIFI65.8% Usmani38.9% Dow Jones Islamic100.2% S&P Shariah105.1% MSCI Islamic38.9% MSCI Islamic M-Series105.1% FTSE Shariah38.1% |
| BLDR Builders FirstSource Inc | NON_COMPLIANT | 2.57% | AAOIFI91.9% Usmani46.3% Dow Jones Islamic41.1% S&P Shariah34.5% MSCI Islamic46.3% MSCI Islamic M-Series34.5% FTSE Shariah40.5% |
| META Meta Platforms Inc | QUESTIONABLE | 2.54% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| FOUR Shift4 Payments Inc | NON_COMPLIANT | 2.22% | AAOIFI125.9% Usmani52.5% Dow Jones Islamic74.0% S&P Shariah77.0% MSCI Islamic52.5% MSCI Islamic M-Series77.0% FTSE Shariah51.9% |
| CHRD Chord Energy Corp | COMPLIANT | 2.01% | AAOIFI18.8% Usmani11.0% Dow Jones Islamic23.8% S&P Shariah23.8% MSCI Islamic11.0% MSCI Islamic M-Series23.8% FTSE Shariah10.8% |
| PRDO Perdoceo Education Corp | NON_COMPLIANT | 1.96% | AAOIFI2.3% Usmani4.2% Dow Jones Islamic2.5% S&P Shariah2.9% MSCI Islamic3.6% MSCI Islamic M-Series2.9% FTSE Shariah0.0% |
| ARLP Alliance Resource Partners LP | COMPLIANT | 1.94% | AAOIFI17.3% Usmani20.1% Dow Jones Islamic19.9% S&P Shariah21.9% MSCI Islamic20.1% MSCI Islamic M-Series21.9% FTSE Shariah19.7% |
| PINS Pinterest Inc | QUESTIONABLE | 1.92% | AAOIFI1.9% Usmani4.5% Dow Jones Islamic1.4% S&P Shariah1.3% MSCI Islamic4.5% MSCI Islamic M-Series1.3% FTSE Shariah0.0% |
| MSTR Strategy Inc | COMPLIANT | 1.75% | AAOIFI12.5% Usmani12.9% Dow Jones Islamic7.5% S&P Shariah9.4% MSCI Islamic12.9% MSCI Islamic M-Series9.4% FTSE Shariah12.8% |
| CPNG Coupang Inc | COMPLIANT | 1.65% | AAOIFI20.5% Usmani32.4% Dow Jones Islamic13.3% S&P Shariah14.3% MSCI Islamic32.4% MSCI Islamic M-Series14.3% FTSE Shariah15.0% |
| SN SharkNinja Inc | COMPLIANT | 1.34% | AAOIFI3.7% Usmani16.3% Dow Jones Islamic5.8% S&P Shariah6.9% MSCI Islamic16.3% MSCI Islamic M-Series6.9% FTSE Shariah12.8% |
| LAD Lithia Motors Inc | NON_COMPLIANT | 1.17% | AAOIFI123.1% Usmani39.9% Dow Jones Islamic131.6% S&P Shariah134.2% MSCI Islamic39.9% MSCI Islamic M-Series134.2% FTSE Shariah37.4% |
| Freddie Mac | UNSCREENED | 0.71% | no in-house ratios for this holding |
| BBW Build-A-Bear Workshop Inc | NON_COMPLIANT | 0.70% | AAOIFI38.6% Usmani37.6% Dow Jones Islamic22.0% S&P Shariah25.2% MSCI Islamic37.6% MSCI Islamic M-Series25.2% FTSE Shariah0.0% |
| VRM Vroom Inc | NON_COMPLIANT | 0.64% | AAOIFI1023.7% Usmani52.0% Dow Jones Islamic462.7% S&P Shariah462.7% MSCI Islamic52.0% MSCI Islamic M-Series462.7% FTSE Shariah52.0% |
| Fannie Mae | UNSCREENED | 0.52% | no in-house ratios for this holding |
| JELD JELD-WEN Holding Inc | NON_COMPLIANT | 0.38% | AAOIFI718.7% Usmani69.3% Dow Jones Islamic322.7% S&P Shariah189.9% MSCI Islamic69.3% MSCI Islamic M-Series189.9% FTSE Shariah60.2% |
| U.S. Bank Money Market Deposit Account | UNSCREENED | 0.14% | no in-house ratios for this holding |
| VRM VROOM INC | NON_COMPLIANT | 0.01% | AAOIFI1023.7% Usmani52.0% Dow Jones Islamic462.7% S&P Shariah462.7% MSCI Islamic52.0% MSCI Islamic M-Series462.7% FTSE Shariah52.0% |
The published standards disagree about this fund by 13 points of portfolio weight — 24.7% of it passes FTSE Shariah, 12.1% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 19.6% ratios fail on 58.7% 21.7% not rated under AAOIFI
ratios pass on 13.5% ratios fail on 60.3% 26.2% not rated under Usmani
ratios pass on 20.3% ratios fail on 58.0% 21.7% not rated under Dow Jones Islamic
ratios pass on 20.3% ratios fail on 58.0% 21.7% not rated under S&P Shariah
ratios pass on 12.1% ratios fail on 61.7% 26.2% not rated under MSCI Islamic
ratios pass on 20.3% ratios fail on 58.0% 21.7% not rated under MSCI Islamic M-Series
ratios pass on 24.7% ratios fail on 49.1% 26.2% not rated under FTSE Shariah
27 of 35 listed holdings carry our own per-methodology verdicts (78% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
| Non-compliant holding | Weight |
|---|---|
| BFH Bread Financial Holdings Inc | 5.99% |
| BLMN Bloomin' Brands Inc | 5.84% |
| ZD Ziff Davis Inc | 5.42% |
| UPS United Parcel Service Inc | 5.31% |
| CTRN Citi Trends Inc | 4.73% |
| LNC Lincoln National Corp | 4.27% |
| CTO CTO Realty Growth Inc | 3.99% |
| ABNB Airbnb Inc | 3.51% |
| JXN Jackson Financial Inc | 3.25% |
| REZI Resideo Technologies Inc | 3.19% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Miller Value Partners Appreciation ETF (MVPA) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for MVPA — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 55.10 | NEUTRAL |
| Stochastic %K (14) | 81.73 | SELL |
| CCI (20) | 110.03 | SELL |
| Williams %R (14) | -18.27 | SELL |
| MACD (12,26,9) | 0.11 | BUY |
| ROC (10) | 0.71 | BUY |
| Momentum (10) | 0.26 | BUY |
| EMA (10) | 35.78 | BUY |
| SMA (10) | 35.78 | BUY |
| EMA (20) | 35.65 | BUY |
| SMA (20) | 35.47 | BUY |
| EMA (30) | 35.66 | BUY |
| SMA (30) | 35.33 | BUY |
| EMA (50) | 35.66 | BUY |
| SMA (50) | 36.02 | BUY |
| EMA (100) | 35.33 | BUY |
| SMA (100) | 35.47 | BUY |
| EMA (200) | 34.42 | BUY |
| SMA (200) | 34.11 | BUY |
About Miller Value Partners Appreciation ETF
The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in securities that Miller Value Partners, LLC (the Adviser) believes have an above-average probability of outperforming the S&P 500® Index (the S&P 500) over a multi-year time horizon. It will typically invest in a portfolio of approximately 20-40 common stocks without regard to market capitalization. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 43 |
| ⏱ 15-Min | NEUTRAL | 19 |
| ⏲ 5-Min | BULLISH | 59 |
Momentum & Volume
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-27 · Asset managers net 923449 (+22072)
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.