Founders Financial Securities LLC Purchases 8,365 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Founders Financial Securities LLC lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 181,768 shares of the company’s stock after acquiring an additional 8,365 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 1.0% of Founders Financial Securities LLC’s portfolio, making the stock its 20th largest position. Founders Financial Securities LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $17,115,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Win Advisors Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $899,000. Becker Capital Management Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $569,000. Western Wealth Management LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 28.4% during the 4th quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock valued at $6,992,000 after buying an additional 16,434 shares in the last quarter. Chatterton & Associates Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $851,000. Finally, Dara Capital US Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $542,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $96.60 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07. The company has a 50-day moving average of $94.16 and a 200 day moving average of $94.67. The firm has a market capitalization of $24.65 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.