iShares Trust - iShares MSCI USA Min Vol Factor ETF
US ˙ BATS ˙ US46429B6974

SecurityUSMV / iShares Trust - iShares MSCI USA Min Vol Factor ETF
InstitutionKovack Advisors, Inc.
Latest Disclosed Ownership22,228 shares
Latest Disclosed Value $ 2,060,728
Kovack Advisors, Inc. reports 86.54% increase in ownership of USMV / iShares Trust - iShares MSCI USA Min Vol Factor ETF

On May 12, 2026 - Kovack Advisors, Inc. filed a 13F-HR form disclosing ownership of 22,228 shares of iShares Trust - iShares MSCI USA Min Vol Factor ETF (US:USMV) valued at $2,061,425 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on February 17, 2026 disclosing 11,916 shares of iShares Trust - iShares MSCI USA Min Vol Factor ETF. This represents a change in shares of 86.54% during the quarter. The current value of the position is $2,125,886 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-12 2026-03-31 13F ISHARES TR MSCI USA MIN VOL 46429B697 22,228 10,312 86.54 2,061 83.60 0.1099
2026-02-17 2025-12-31 13F/A-1 ISHARES TR MSCI USA MIN VOL 46429B697 11,916 4,118 52.81 1,122 51.42 0.0521
2026-02-12 2025-12-31 13F ISHARES TR MSCI USA MIN VOL 46429B697 11,917 4,119 693 0.0530
2025-11-10 2025-09-30 13F ISHARES TR MSCI USA MIN VOL 46429B697 7,798 -196 -2.45 742 -1.20 0.0699
2025-08-04 2025-06-30 13F ISHARES TR MSCI USA MIN VOL 46429B697 7,994 -48 -0.60 750 -0.40 0.0736
2025-05-06 2025-03-31 13F ISHARES TR MSCI USA MIN VOL 46429B697 8,042 722 9.86 753 16.02 0.0797
2025-02-05 2024-12-31 13F ISHARES TR MSCI USA MIN VOL 46429B697 7,320 -102 -1.37 650 -4.14 0.0638
2024-11-05 2024-09-30 13F ISHARES TR MSCI USA MIN VOL 46429B697 7,422 -1,764 -19.20 678 -12.19 0.0718
2024-08-05 2024-06-30 13F ISHARES TR MSCI USA MIN VOL 46429B697 9,186 9,186 771 0.0849
2024-04-19 2024-03-31 13F ISHARES TR MSCI USA MIN VOL 46429B697 0 -14,932 -100.00 0 -100.00
2024-02-02 2023-12-31 13F ISHARES TR MSCI USA MIN VOL 46429B697 14,932 40 0.27 1,165 8.17 0.1384
2023-10-19 2023-09-30 13F ISHARES TR MSCI USA MIN VOL 46429B697 14,892 -3,303 -18.15 1,078 -20.34 0.1503
2023-07-21 2023-06-30 13F ISHARES TR MSCI USA MIN VOL 46429B697 18,195 -5,453 -23.06 1,352 -21.40 0.1733
2023-04-21 2023-03-31 13F ISHARES TR MSCI USA MIN VOL 46429B697 23,648 -272 -1.14 1,720 -0.23 0.2345
2023-02-22 2022-12-31 13F ISHARES MSCI USA MIN VOL FCTR ETF ETF 46429B697 23,920 -3,601 -13.08 1,725 -5.22 0.2521
2022-11-14 2022-09-30 13F ISHARES MSCI USA MIN VOL FCTR ETF ETF 46429B697 27,521 -8,399 -23.38 1,819 -27.87 0.2672
2022-08-10 2022-06-30 13F ISHARES MSCI USA MIN VOL FCTR ETF ETF 46429B697 35,920 -8,736 -19.56 2,522 -27.17 0.3328
2022-05-16 2022-03-31 13F ISHARES MSCI USA MIN VOL FCTR ETF ETF 46429B697 44,656 2,086 4.90 3,463 0.55 0.3557
2022-01-18 2021-12-31 13F ISHARES MSCI USA MIN VOL FCTR ETF ETF 46429B697 42,570 3,861 9.97 3,444 21.05 0.3327
2021-11-03 2021-09-30 13F ISHARES MSCI USA MIN VOL FCTR ETF ETF 46429B697 38,709 2,251 6.17 2,845 6.00 0.3092
2021-07-29 2021-06-30 13F ISHARES MSCI USA MIN VOL FCTR ETF ETF 46429B697 36,458 495 1.38 2,684 7.88 0.3055
2021-05-04 2021-03-31 13F ISHARES MSCI USA MIN VOL FCTR ETF ETF 46429B697 35,963 451 1.27 2,488 3.19 0.3233
2021-01-14 2020-12-31 13F ISHARES MSCI USA MIN VOL FCTR ETF ETF 46429B697 35,512 -31,828 -47.26 2,411 -43.83 0.3470
2020-11-02 2020-09-30 13F ISHARES MSCI USA MIN VOL FCTR ETF MIN VOL FCTR ETF 46429B697 67,340 2,708 4.19 4,292 9.52 0.7638
2020-07-31 2020-06-30 13F ISHARES EDGE MSCI MIN VOL USA ETF ETF 46429B697 64,632 151 0.23 3,919 12.52 0.7629
2020-04-30 2020-03-31 13F ISHARES EDGE MSCI MIN VOL USA ETF MSCI MIN VOL USA ETF 46429B697 64,481 -32,100 -33.24 3,483 -45.03 0.8044
2020-01-29 2019-12-31 13F ISHARES EDGE MSCI MIN VOL USA ETF MSCI MIN VOL USA ETF 46429B697 96,581 4,261 4.62 6,336 7.06 1.1326
2019-10-31 2019-09-30 13F ISHARES EDGE MSCI MIN VOL USA ETF MSCI MIN VOL USA ETF 46429B697 92,320 7,513 8.86 5,918 13.05 1.2142
2019-08-14 2019-06-30 13F ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 84,807 5,127 6.43 5,235 11.74 1.1966
2019-05-03 2019-03-31 13F ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 79,680 2,234 2.88 4,685 15.45 1.1682
2019-02-06 2018-12-31 13F ISHARES TR MIN VOL USA ETF TR MIN VOL USA ETF 46429B697 77,446 -2,486 -3.11 4,058 -10.99 1.1866
2018-10-09 2018-09-30 13F ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 79,932 25,174 45.97 4,559 56.61 1.1757
2018-08-01 2018-06-30 13F ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 54,758 2,030 3.85 2,911 6.32 0.8131
2018-05-15 2018-03-31 13F ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 52,728 2,879 5.78 2,738 4.07 0.6870
2018-05-15 2017-12-31 13F/A-1 ISHARES TR MIN VOL USA ETF 46429B697 49,849 26,870 116.93 2,631 127.40 0.6649
2018-08-02 2017-09-30 13F ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 22,979 -47,632 -67.46 1,157 -63.93 0.3838
2018-09-25 2016-09-30 13F ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 70,611 61,450 670.78 3,208 769.38 1.5617
2018-11-06 2015-06-30 13F ISHARES TR USA MIN VOL ETF 46429B697 9,161 -653 -6.65 369 -8.89 0.2609
2018-11-13 2015-03-31 13F ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 9,814 -5,465 -35.77 405 -34.47 0.3421
2018-11-19 2014-12-31 13F ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 15,279 15,279 618 0.6381
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.