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Two major firms boosted their investments in a low-volatility U.S. stock ETF, seeing its recent growth.
Sowell Financial Services and Horan Securities both increased their holdings in the iShares MSCI USA Min Vol Factor ETF (USMV), which aims to track a low-volatility portfolio of U.S. stocks.
Sowell's position rose slightly to $9.49 million, while Horan's stake is valued at $265,000.
The ETF, managed by BlackRock, has a market cap of $23.85 billion and saw a 5.2% increase in the fourth quarter.
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Dos grandes empresas impulsaron sus inversiones en una ETF de acciones estadounidenses de baja volatilidad, viendo su reciente crecimiento.