Foundations Investment Advisors LLC Acquires 3,369 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Foundations Investment Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 66,647 shares of the company’s stock after acquiring an additional 3,369 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,086,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Raymond James & Associates increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after acquiring an additional 146,632 shares in the last quarter. Catalyst Capital Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the second quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after acquiring an additional 182,050 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after purchasing an additional 31,625 shares in the last quarter. Cetera Investment Advisers grew its position in iShares MSCI USA Min Vol Factor ETF by 270.9% in the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after purchasing an additional 1,384,833 shares in the last quarter. Finally, Financial Advisors LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after purchasing an additional 16,576 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $92.11 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a 50-day simple moving average of $90.88 and a two-hundred day simple moving average of $86.13. The company has a market capitalization of $26.99 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.