Focus Financial Network Inc. Acquires 139 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Focus Financial Network Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,464 shares of the company’s stock after acquiring an additional 139 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,037,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. AlphaMark Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $30,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares in the last quarter. Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $38,000. Finally, Bfsg LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after acquiring an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

Shares of BATS USMV opened at $93.08 on Tuesday. The company has a fifty day moving average price of $90.76 and a 200 day moving average price of $90.66. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market cap of $27.27 billion, a PE ratio of 25.30 and a beta of 0.59.

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.