Foundations Investment Advisors LLC Purchases 1,828 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Foundations Investment Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 68,475 shares of the company’s stock after purchasing an additional 1,828 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,080,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $30,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $30,000. Sound Income Strategies LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after acquiring an additional 143 shares during the period. Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $38,000. Finally, Bfsg LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after purchasing an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.6 %

USMV opened at $91.88 on Tuesday. The stock has a market cap of $26.92 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The company has a fifty day simple moving average of $90.96 and a 200 day simple moving average of $90.21.

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.