iShares MSCI USA Min Vol Factor ETF $USMV Position Boosted by Focus Financial Network Inc.

Focus Financial Network Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,598 shares of the company’s stock after purchasing an additional 6,377 shares during the period. Focus Financial Network Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,004,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Secure Asset Management LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 2.8% in the third quarter. Secure Asset Management LLC now owns 3,904 shares of the company’s stock worth $371,000 after buying an additional 108 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 2nd quarter. International Assets Investment Management LLC now owns 15,132 shares of the company’s stock valued at $1,420,000 after acquiring an additional 110 shares during the last quarter. KPP Advisory Services LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.9% during the 2nd quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after acquiring an additional 118 shares in the last quarter. Almanack Investment Partners LLC. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the 2nd quarter. Almanack Investment Partners LLC. now owns 20,319 shares of the company’s stock worth $1,907,000 after acquiring an additional 124 shares during the last quarter. Finally, Beacon Financial Advisory LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% in the 2nd quarter. Beacon Financial Advisory LLC now owns 10,046 shares of the company’s stock worth $943,000 after acquiring an additional 128 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.1%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.08 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The firm has a market capitalization of $24.01 billion, a PE ratio of 22.90 and a beta of 0.72. The stock’s fifty day moving average is $94.00 and its 200-day moving average is $93.74.

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.