iShares MSCI USA Min Vol Factor ETF $USMV Stock Position Lifted by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,263,596 shares of the company’s stock after buying an additional 39,367 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises 1.1% of Johnson Investment Counsel Inc.’s portfolio, making the stock its 26th largest position. Johnson Investment Counsel Inc. owned 0.50% of iShares MSCI USA Min Vol Factor ETF worth $118,614,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Compass Wealth Management LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 82.0% during the 1st quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after buying an additional 123 shares during the last quarter. ROSS JOHNSON & Associates LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $28,000. Flaharty Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $30,000. Columbia River Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth approximately $30,000. Finally, LRI Investments LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth approximately $33,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.1%

Shares of BATS USMV opened at $94.01 on Friday. The company has a market cap of $23.99 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The stock’s 50 day simple moving average is $94.00 and its 200 day simple moving average is $92.88.

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.