BKS Advisors’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

BKS Advisors’s Portfolio USMV Stock Details USMV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-25,000	Closed	-$1.14M	–	240
2016 Q3	$1.14M	Sell	25,000 -5,000	-17%	-$231K	0.52%	58
2016 Q2	$1.39M	Buy	+30,000	New	+$1.33M	0.71%	49

Other funds holding USMV

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

NLI

Nippon Life Insurance Tokyo, Japan $6.04B AUM 4.21% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

BKS Advisors's USMV Position: Q4 2016 in Review

BKS Advisors sold out of iShares MSCI USA Min Vol Factor ETF (USMV) in Q4 2016, closing a stake of 25,000 shares — an estimated $1.14M sold.

BKS Advisors first reported a position in USMV in Q2 2016 and held it in 2 quarters. The position peaked at $1.39M in Q2 2016. 328 funds tracked by Wall St. Rank hold USMV as of Q4 2016.

BKS Advisors reported no remaining iShares MSCI USA Min Vol Factor ETF position as of Q4 2016 after selling out during the quarter.
BKS Advisors sold 25,000 iShares MSCI USA Min Vol Factor ETF shares in Q4 2016, an estimated $1.14M.
BKS Advisors first reported a position in iShares MSCI USA Min Vol Factor ETF in Q2 2016 and held it in 2 quarters.
BKS Advisors's iShares MSCI USA Min Vol Factor ETF position peaked at $1.39M in Q2 2016.
328 funds tracked by Wall St. Rank held iShares MSCI USA Min Vol Factor ETF as of Q4 2016.

Based on BKS Advisors's 13F filing for Q4 2016, filed 13 Feb 2017.