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

Focus Partners Advisor Solutions LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 23.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm 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 also recently made changes to their positions in USMV. Commonwealth Retirement Investments LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $34,000. Cerity Partners LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 4.2% during the fourth quarter. Cerity Partners LLC now owns 1,222,695 shares of the company’s stock worth $115,129,000 after purchasing an additional 49,558 shares during the last quarter. Franklin Resources Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.5% during the fourth quarter. Franklin Resources Inc. now owns 60,789 shares of the company’s stock worth $5,724,000 after purchasing an additional 2,076 shares during the last quarter. Manchester Capital Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $95,000. Finally, JPMorgan Chase & Co. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,542,763 shares of the company’s stock worth $333,587,000 after purchasing an additional 198,476 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.4%

Shares of USMV opened at $95.58 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07. The firm has a fifty day simple moving average of $94.69 and a 200 day simple moving average of $94.79. The stock has a market capitalization of $24.39 billion, a price-to-earnings 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.