First Business Financial Services’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

First Business Financial Services’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
2026 Q1	$806K	Hold	8,694	–	–	0.07%	91
2025 Q4	$819K	Hold	8,694	–	–	0.08%	91
2025 Q3	$827K	Hold	8,694	–	–	0.08%	95
2025 Q2	$816K	Hold	8,694	–	–	0.07%	94
2025 Q1	$814K	Hold	8,694	–	–	0.08%	90
2024 Q4	$772K	Hold	8,694	–	–	0.08%	92
2024 Q3	$794K	Sell	8,694 -7,099	-45%	-$626K	0.08%	88
2024 Q2	$1.33M	Hold	15,793	–	–	0.14%	63
2024 Q1	$1.32M	Hold	15,793	–	–	0.14%	62
2023 Q4	$1.23M	Sell	15,793 -300	-2%	-$22.4K	0.14%	61
2023 Q3	$1.16M	Hold	16,093	–	–	0.15%	69
2023 Q2	$1.2M	Hold	16,093	–	–	0.15%	66
2023 Q1	$1.17M	Hold	16,093	–	–	0.15%	68
2022 Q4	$1.16M	Hold	16,093	–	–	0.16%	66
2022 Q3	$1.06M	Hold	16,093	–	–	0.15%	59
2022 Q2	$1.13M	Hold	16,093	–	–	0.15%	61
2022 Q1	$1.25M	Sell	16,093 -67	-0.4%	-$5.07K	0.14%	63
2021 Q4	$1.31M	Hold	16,160	–	–	0.14%	63
2021 Q3	$1.19M	Buy	16,160 +300	+2%	+$22.9K	0.14%	57
2021 Q2	$1.17M	Sell	15,860 -306	-2%	-$22.1K	0.14%	54
2021 Q1	$1.12M	Buy	16,166 +306	+2%	+$20.7K	0.15%	41
2020 Q4	$1.08M	Sell	15,860 -696,339	-98%	-$45.8M	0.16%	39
2020 Q3	$45.4M	Buy	712,199 +11,802	+2%	+$749K	7.58%	4
2020 Q2	$42.5M	Sell	700,397 -61,715	-8%	-$3.66M	7.61%	4
2020 Q1	$41.2M	Buy	762,112 +13,071	+2%	+$829K	8.2%	3
2019 Q4	$49.1M	Buy	749,041 +12,101	+2%	+$777K	7.78%	4
2019 Q3	$47.2M	Buy	+736,940	New	+$46.7M	8.08%	4

Other funds holding USMV

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

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

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

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

Wealth Enhancement Advisory Services Plymouth, Minnesota $59.8B AUM 29.42% 1-Year Est. Return

CCA

Catalyst Capital Advisors Huntington, New York $6.03B AUM 24.5% 1-Year Est. Return

MRC

Millburn Ridgefield Corp New York $5.28B AUM 21.66% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

First Business Financial Services's USMV Position: Q1 2026 in Review

First Business Financial Services held its iShares MSCI USA Min Vol Factor ETF (USMV) position steady in Q1 2026 at 8,694 shares worth $806K. The position accounts for 0.07% of the portfolio, ranked #91.

First Business Financial Services first reported a position in USMV in Q3 2019 and has held it in 27 quarters since. The position peaked at $49.1M in Q4 2019. 1,356 funds tracked by Wall St. Rank hold USMV as of Q1 2026.

First Business Financial Services held 8,694 shares of iShares MSCI USA Min Vol Factor ETF worth $806K as of Q1 2026.
First Business Financial Services left its iShares MSCI USA Min Vol Factor ETF share count unchanged in Q1 2026.
iShares MSCI USA Min Vol Factor ETF made up 0.07% of First Business Financial Services's portfolio in Q1 2026, its #91 holding.
First Business Financial Services first reported a position in iShares MSCI USA Min Vol Factor ETF in Q3 2019 and has held it in 27 quarters since.
First Business Financial Services's iShares MSCI USA Min Vol Factor ETF position peaked at $49.1M in Q4 2019.
1,356 funds tracked by Wall St. Rank held iShares MSCI USA Min Vol Factor ETF as of Q1 2026.

Based on First Business Financial Services's 13F filing for Q1 2026, filed 1 May 2026.