iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Position Boosted by Focus Partners Wealth

Focus Partners Wealth boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 261.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,119,087 shares of the company’s stock after acquiring an additional 809,082 shares during the quarter. Focus Partners Wealth’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $99,364,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $1,176,338,000. LPL Financial LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock valued at $504,852,000 after buying an additional 328,291 shares in the last quarter. Millburn Ridgefield Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% during the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after buying an additional 180,849 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after buying an additional 21,739 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the 4th quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock worth $142,627,000 after acquiring an additional 10,270 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $92.41 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $81.34 and a 12-month high of $95.12. The stock has a market capitalization of $23.84 billion, a PE ratio of 23.82 and a beta of 0.74. The firm has a 50 day simple moving average of $91.39 and a 200-day simple moving average of $91.58.

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.