152,509 Shares of iShares MSCI USA Min Vol Factor ETF $USMV Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 152,509 shares of the company’s stock, valued at approximately $14,860,000. iShares MSCI USA Min Vol Factor ETF accounts for 0.7% of Founders Financial Securities LLC’s portfolio, making the stock its 26th biggest holding. Founders Financial Securities LLC owned 0.06% of iShares MSCI USA Min Vol Factor ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. NFSG Corp grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 134.6% in the third quarter. NFSG Corp now owns 366 shares of the company’s stock worth $36,000 after purchasing an additional 210 shares during the last quarter. Beacon Financial Strategies CORP purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter worth $42,000. MADDEN SECURITIES Corp purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth $74,000. Main Street Group LTD bought a new stake in iShares MSCI USA Min Vol Factor ETF in the first quarter valued at $77,000. Finally, Compass Financial Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $84,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $103.13 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $103.58. The company’s 50-day moving average is $100.41 and its 200 day moving average is $96.95. The stock has a market capitalization of $26.32 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.