Focus Partners Advisor Solutions LLC Has $4.18 Million Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Focus Partners Advisor Solutions LLC reduced its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 23.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,382 shares of the company’s stock after selling 13,430 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,179,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USMV. Brighton Jones LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Jane Street Group LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 366.3% during the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock worth $3,323,000 after acquiring an additional 27,868 shares in the last quarter. Hsbc Holdings PLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $399,000. First Trust Advisors LP raised its position in iShares MSCI USA Min Vol Factor ETF by 39.0% during the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock worth $736,000 after acquiring an additional 2,201 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its position in iShares MSCI USA Min Vol Factor ETF by 465.5% during the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock worth $22,976,000 after acquiring an additional 201,483 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.4%

BATS USMV opened at $95.58 on Wednesday. The firm’s fifty day moving average price is $94.69 and its two-hundred day moving average price is $94.79. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07. The firm has a market capitalization of $24.39 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.