Horizon Investments LLC Has $112.21 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Horizon Investments LLC lessened its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,191,694 shares of the company’s stock after selling 16,002 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 1.4% of Horizon Investments LLC’s holdings, making the stock its 14th biggest position. Horizon Investments LLC owned about 0.47% of iShares MSCI USA Min Vol Factor ETF worth $112,210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in USMV. Fifth Third Bancorp lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 23.5% during the 4th quarter. Fifth Third Bancorp now owns 8,669 shares of the company’s stock valued at $816,000 after purchasing an additional 1,647 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 9,658 shares of the company’s stock valued at $909,000 after purchasing an additional 227 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $58,000. American Capital Advisory LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 18.8% during the 4th quarter. American Capital Advisory LLC now owns 1,127 shares of the company’s stock valued at $106,000 after purchasing an additional 178 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 4th quarter. Strategic Blueprint LLC now owns 37,148 shares of the company’s stock valued at $3,498,000 after purchasing an additional 336 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.58 on Friday. The business has a fifty day simple moving average of $94.46 and a two-hundred day simple moving average of $94.46. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07. The company has a market capitalization of $24.14 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.