Johnson Investment Counsel Inc. Has $104.92 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Johnson Investment Counsel Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,181,625 shares of the company’s stock after buying an additional 69,376 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.0% of Johnson Investment Counsel Inc.’s holdings, making the stock its 26th biggest position. Johnson Investment Counsel Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $104,917,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $1,176,338,000. PNC Financial Services Group Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock valued at $904,426,000 after purchasing an additional 91,948 shares during the last quarter. LPL Financial LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after purchasing an additional 346,414 shares during the period. Millburn Ridgefield Corp increased its position in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after buying an additional 180,849 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock valued at $294,542,000 after buying an additional 21,739 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.9 %

USMV opened at $93.84 on Monday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The business has a 50 day moving average of $91.57 and a 200-day moving average of $91.55. The stock has a market cap of $23.85 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.

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.