Foundations Investment Advisors LLC Has $16.15 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Foundations Investment Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Get Rating) by 0.5% during the fourth quarter, Holdings Channel reports. The fund owned 224,020 shares of the company’s stock after acquiring an additional 1,120 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up 0.6% of Foundations Investment Advisors LLC’s holdings, making the stock its 28th largest holding. Foundations Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $16,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $225,000. Laurel Wealth Advisors Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 27.1% in the third quarter. Laurel Wealth Advisors Inc. now owns 5,067 shares of the company’s stock worth $335,000 after acquiring an additional 1,081 shares in the last quarter. GoalVest Advisory LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $3,713,000. Cornell Pochily Investment Advisors Inc. grew its position in iShares MSCI USA Min Vol Factor ETF by 6.1% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 11,103 shares of the company’s stock worth $734,000 after acquiring an additional 639 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in iShares MSCI USA Min Vol Factor ETF by 35.2% in the third quarter. D.A. Davidson & CO. now owns 75,256 shares of the company’s stock worth $4,974,000 after acquiring an additional 19,595 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.9 %

USMV stock traded down $0.63 during trading hours on Friday, hitting $69.97. The company’s stock had a trading volume of 3,296,954 shares. The company has a market capitalization of $29.22 billion, a PE ratio of 20.17 and a beta of 0.76. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a 50 day moving average price of $72.05 and a two-hundred day moving average price of $71.41.

iShares MSCI USA Min Vol Factor ETF Profile

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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.