Johnson Investment Counsel Inc. Has $104.92 Million Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Johnson Investment Counsel Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,181,625 shares of the company’s stock after buying an additional 69,376 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises approximately 1.0% of Johnson Investment Counsel Inc.’s holdings, making the stock its 26th largest holding. Johnson Investment Counsel Inc. owned approximately 0.40% of iShares MSCI USA Min Vol Factor ETF worth $104,917,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. QRG Capital Management Inc. grew its stake in iShares MSCI USA Min Vol Factor ETF by 15.6% during the third quarter. QRG Capital Management Inc. now owns 5,494 shares of the company’s stock worth $502,000 after buying an additional 742 shares during the last quarter. Leavell Investment Management Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 22.4% during the 3rd quarter. Leavell Investment Management Inc. now owns 3,364 shares of the company’s stock worth $307,000 after acquiring an additional 615 shares during the last quarter. SpiderRock Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $629,000. Verdence Capital Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 5.5% in the 3rd quarter. Verdence Capital Advisors LLC now owns 16,082 shares of the company’s stock valued at $1,468,000 after purchasing an additional 842 shares during the last quarter. Finally, Arrow Financial Corp bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $45,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $93.84 on Monday. The business has a fifty day moving average of $91.57 and a 200-day moving average of $91.55. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The firm has a market cap of $23.85 billion, a PE ratio of 24.43 and a beta of 0.79.

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.