This article first appeared on GuruFocus.

iShares MSCI USA Min Vol Factor ETF (USMV) reported $168.9 million in gross ETF activity on Monday, Nov. 9, all of it on the buy side. The fund, with $24.32 billion in assets, increased 172 positions and decreased none, for net purchases of $168.9 million.

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What did USMV buy on Monday?

Its largest buys by dollar value were MSFT ($2.9 million), MSI ($2.8 million) and BRK.B ($2.7 million).

Stock

Shares changed

Value

Position

MICROSOFT (MSFT)

+5,250

$2.9M

1.66% of fund

MOTOROLA SOLUTIONS INC (MSI)

+5,272

$2.8M

1.62% of fund

BERKSHIRE HATHAWAY INC CLASS B (BRK.B)

+4,748

$2.7M

1.59% of fund

MCKESSON CORP (MCK)

+2,541

$2.7M

1.57% of fund

WELLTOWER (WELL)

+10,733

$2.7M

1.55% of fund

Microsoft (MSFT) led the buys with 5,250 shares added, worth $2.9 million and representing 1.66% of assets. Motorola Solutions (MSI) followed at $2.8 million, then Berkshire Hathaway Class B (BRK.B) at $2.7 million, McKesson (MCK) at $2.7 million and Welltower (WELL) at $2.7 million on 10,733 shares. None of the top buys were new positions, and there were no sellouts.

How does USMV invest?

The fund is an Equity US fund holding 174 stocks, with 15.4% of assets in its 10 largest holdings. Technology accounts for 30.4% of classified stocks, Healthcare 14.8% and Financial Services 13.9%, and the portfolio is 100.0% large-cap. It charges 0.15% and its top holdings are Microsoft at 1.66%, Motorola Solutions at 1.62%, Berkshire Hathaway Class B at 1.59%, McKesson at 1.57% and Welltower at 1.55%. It has a GF Score of 84, a P/E of 22.32, a P/B of 4.03, a dividend yield of 1.27% and a year-to-date return of 10.77%.

iShares MSCI USA Min Vol Factor ETF (USMV) at a glance

Measure

Value

Category

Equity US

Asset class

Equity

Holdings

174

Top 10 holdings

15.4% of assets

Largest sectors

Technology 30.4%, Healthcare 14.8%, Financial Services 13.9%

Expense ratio

0.15%

Market-cap mix

Large 100.0%, mid 0.0%, small 0.0%

GF Score

84/100

P/E

22.32

P/B

4.03

Dividend yield

1.27%

Year-to-date return

+10.77%

Top holdings

MSFT (1.66%), MSI (1.62%), BRK.B (1.59%), MCK (1.57%), WELL (1.55%)

See the full iShares MSCI USA Min Vol Factor ETF profile, or compare it with similar funds in the ETF Screener. For the stock behind its biggest buy, see MSFT's GF Value page and guru trades.

What should investors watch next for USMV?

With every position raised and no sells, watch whether the fund keeps adding broadly or shifts to trimming after this one-sided session. The next update will show whether the largest holdings' weights hold near their current levels.

Based on holdings changes reported by iShares MSCI USA Min Vol Factor ETF (USMV) for Nov. 9, 2026, US-listed stocks only.

What else did ETFs trade on Monday?

ETFs Bought $602.5 Million of Microsoft (NASDAQ:MSFT) on Nov. 9

42 ETFs Add to Texas Instruments (TXN) on Monday

ETFs Are Buying Analog Devices (ADI) on Monday

SPDR S&P 500 ETF (SPY) Adds Apple and Nvidia on Monday

State Street SPDR Portfolio S&P 500 (SPYM) Buys $75.6 Million More Apple on Monday