Focus Financial Network Inc. Has $4.04 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Focus Financial Network Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 45,464 shares of the company’s stock after acquiring an additional 139 shares during the period. Focus Financial Network Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,037,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Darrow Company Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after buying an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $1,529,000. SpiderRock Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $629,000. Advisors Preferred LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $438,000. Finally, EdgeRock Capital LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.0 %

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.08 on Tuesday. The stock has a market cap of $27.27 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The business’s 50 day moving average is $90.76 and its 200-day moving average is $90.66.

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.