Focus Partners Wealth Grows Position in iShares MSCI USA Min Vol Factor ETF $USMV

Focus Partners Wealth grew its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,225,619 shares of the company’s stock after buying an additional 100,701 shares during the period. Focus Partners Wealth owned 0.48% of iShares MSCI USA Min Vol Factor ETF worth $115,410,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of USMV. Brighton Jones LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after purchasing an additional 1,291 shares during the period. Jane Street Group LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 366.3% in the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after purchasing an additional 27,868 shares during the period. Hsbc Holdings PLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $399,000. First Trust Advisors LP grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 39.0% in the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock valued at $736,000 after purchasing an additional 2,201 shares during the period. Finally, Qube Research & Technologies Ltd grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 465.5% in the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock valued at $22,976,000 after purchasing an additional 201,483 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $96.05 on Monday. The company has a market cap of $24.51 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07. The business has a fifty day simple moving average of $94.89 and a 200-day simple moving average of $94.84.

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.