Focus Partners Advisor Solutions LLC Raises Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Focus Partners Advisor Solutions LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 38.7% in the second quarter, HoldingsChannel reports. The firm owned 40,233 shares of the company’s stock after buying an additional 11,231 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,777,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Brown Advisory Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 8.9% during the first quarter. Brown Advisory Inc. now owns 16,950 shares of the company’s stock valued at $1,588,000 after buying an additional 1,387 shares during the last quarter. Accurate Wealth Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at about $203,000. Symmetry Partners LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 10.1% in the second quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock worth $24,703,000 after purchasing an additional 24,219 shares during the last quarter. MinichMacGregor Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $283,000. Finally, Townsquare Capital LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 7.3% in the first quarter. Townsquare Capital LLC now owns 53,888 shares of the company’s stock valued at $5,047,000 after buying an additional 3,666 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.6%

Shares of BATS:USMV opened at $94.51 on Friday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $95.12. The company has a market cap of $24.12 billion, a PE ratio of 22.90 and a beta of 0.72. The company’s 50 day moving average is $94.27 and its 200 day moving average is $93.15.

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.