Frederick Financial Consultants LLC Makes New $220,000 Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Frederick Financial Consultants LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,477 shares of the company’s stock, valued at approximately $220,000.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $1,176,338,000. Lockheed Martin Investment Management Co. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $62,801,000. Sagespring Wealth Partners LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $32,129,000. LPL Financial LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after acquiring an additional 328,291 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 6,039.6% during the 4th quarter. Sequoia Financial Advisors LLC now owns 285,738 shares of the company’s stock valued at $25,371,000 after purchasing an additional 281,084 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $90.00 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $79.79 and a 52 week high of $95.12. The stock has a market capitalization of $23.05 billion, a PE ratio of 24.22 and a beta of 0.74. The stock’s fifty day moving average is $92.04 and its 200-day moving average is $91.61.

iShares MSCI USA Min Vol Factor ETF Company Profile

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.