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

Founders Financial Securities LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 181,768 shares of the company’s stock after purchasing an additional 8,365 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for about 1.0% of Founders Financial Securities LLC’s portfolio, making the stock its 20th largest position. Founders Financial Securities LLC owned about 0.07% of iShares MSCI USA Min Vol Factor ETF worth $17,115,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of USMV. Brighton Jones LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 12.9% during the fourth quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after purchasing an additional 1,291 shares during the last quarter. Jane Street Group LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 366.3% during the first quarter. Jane Street Group LLC now owns 35,476 shares of the company’s stock valued at $3,323,000 after purchasing an additional 27,868 shares during the last quarter. Hsbc Holdings PLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $399,000. First Trust Advisors LP lifted its position in iShares MSCI USA Min Vol Factor ETF by 39.0% during the second quarter. First Trust Advisors LP now owns 7,845 shares of the company’s stock valued at $736,000 after purchasing an additional 2,201 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its position in iShares MSCI USA Min Vol Factor ETF by 465.5% during the second quarter. Qube Research & Technologies Ltd now owns 244,764 shares of the company’s stock valued at $22,976,000 after purchasing an additional 201,483 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.3%

USMV stock opened at $96.60 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07. The company has a fifty day simple moving average of $94.16 and a two-hundred day simple moving average of $94.67. The firm has a market capitalization of $24.65 billion, a P/E ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF 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.