Virtu Financial’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-12,660	Closed	-$782K	–	1867
2019 Q2	$782K	Buy	+12,660	New	+$760K	0.06%	374
2018 Q3	–	Sell	-5,900	Closed	-$314K	–	2226
2018 Q2	$314K	Sell	5,900 -44,773	-88%	-$2.36M	0.02%	1118
2018 Q1	$2.63M	Buy	+50,673	New	+$2.68M	0.14%	106
2017 Q4	–	Sell	-51,229	Closed	-$2.58M	–	3041
2017 Q3	$2.58M	Buy	+51,229	New	+$2.55M	0.13%	120
2016 Q4	–	Sell	-31,086	Closed	-$1.41M	–	572
2016 Q3	$1.41M	Buy	+31,086	New	+$1.44M	0.24%	94
2016 Q1	–	Sell	-5,491	Closed	-$230K	–	516
2015 Q4	$230K	Buy	+5,491	New	+$229K	0.03%	327
2015 Q3	–	Sell	-19,924	Closed	-$803K	–	401
2015 Q2	$803K	Buy	+19,924	New	+$824K	0.07%	162
2014 Q4	–	Sell	-21,093	Closed	-$795K	–	395
2014 Q3	$795K	Sell	21,093 -8,539	-29%	-$321K	0.09%	147
2014 Q2	$1.1M	Buy	+29,632	New	+$1.08M	0.15%	130
2014 Q1	–	Sell	-33,877	Closed	-$1.2M	–	449
2013 Q4	$1.2M	Buy	+33,877	New	+$1.18M	0.13%	126
2013 Q3	–	Sell	-34,537	Closed	-$1.13M	–	349
2013 Q2	$1.13M	Buy	+34,537	New	+$1.15M	0.11%	139