Foundations Investment Advisors LLC Has $5.44 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Foundations Investment Advisors LLC decreased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,099 shares of the company’s stock after selling 10,376 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,442,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in USMV. Wealth Enhancement Advisory Services LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 102.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after buying an additional 3,352,591 shares in the last quarter. Focus Partners Wealth raised its holdings in iShares MSCI USA Min Vol Factor ETF by 261.0% during the 4th quarter. Focus Partners Wealth now owns 1,119,087 shares of the company’s stock worth $99,364,000 after purchasing an additional 809,082 shares during the last quarter. Horizon Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at about $39,347,000. Ball & Co Wealth Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $32,334,000. Finally, Sagespring Wealth Partners LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $32,129,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.43 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The business has a 50-day moving average of $93.15 and a two-hundred day moving average of $92.26. The company has a market capitalization of $23.84 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.