Royal Fund Management’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Royal Fund Management’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
2020 Q1	–	Sell	-219	Closed	-$14K	–	750
2019 Q4	$14K	Buy	219 +1	+0.5%	+$64	﹤0.01%	389
2019 Q3	$13K	Buy	+218	New	+$13.8K	﹤0.01%	378
2018 Q3	–	Sell	-563	Closed	-$29K	–	654
2018 Q2	$29K	Buy	+563	New	+$29.6K	0.01%	251
2017 Q2	–	Sell	-7	Closed	–	–	515
2017 Q1	$0	Buy	+7	New	+$328	﹤0.01%	476

Other funds holding USMV

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

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 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

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

RJFSA

Raymond James Financial Services Advisors St. Petersburg, Florida $75.1B AUM 31.89% 1-Year Est. Return

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

Royal Fund Management's USMV Position: Q1 2020 in Review

Royal Fund Management sold out of iShares MSCI USA Min Vol Factor ETF (USMV) in Q1 2020, closing a stake of 219 shares — an estimated $14K sold.

Royal Fund Management first reported a position in USMV in Q1 2017 and held it in 4 quarters. The position peaked at $29K in Q2 2018. 879 funds tracked by Wall St. Rank hold USMV as of Q1 2020.

Royal Fund Management reported no remaining iShares MSCI USA Min Vol Factor ETF position as of Q1 2020 after selling out during the quarter.
Royal Fund Management sold 219 iShares MSCI USA Min Vol Factor ETF shares in Q1 2020, an estimated $14K.
Royal Fund Management first reported a position in iShares MSCI USA Min Vol Factor ETF in Q1 2017 and held it in 4 quarters.
Royal Fund Management's iShares MSCI USA Min Vol Factor ETF position peaked at $29K in Q2 2018.
879 funds tracked by Wall St. Rank held iShares MSCI USA Min Vol Factor ETF as of Q1 2020.

Based on Royal Fund Management's 13F filing for Q1 2020, filed 8 May 2020.