Focus Partners Wealth Increases Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Focus Partners Wealth increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,225,619 shares of the company’s stock after purchasing an additional 100,701 shares during the period. Focus Partners Wealth’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $115,410,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Frankly Finances LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $25,000. Investors Research Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $26,000. Elevated Capital Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $29,000. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $29,000. Finally, Abound Wealth Management boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 437.1% in the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after acquiring an additional 271 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.05 on Monday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $98.07. The stock has a market capitalization of $24.51 billion, a P/E ratio of 22.90 and a beta of 0.72. The business’s fifty day moving average price is $94.89 and its 200 day moving average price is $94.84.

iShares MSCI USA Min Vol Factor ETF 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.