Lido Advisors LLC Lowers Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Lido Advisors LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 114,356 shares of the company’s stock after selling 10,592 shares during the quarter. Lido Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $10,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of USMV. Howe & Rusling Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% during the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after purchasing an additional 146 shares during the period. VSM Wealth Advisory LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $27,000. Stonebridge Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $28,000. AlphaMark Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $30,000. Finally, Valued Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $30,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 2.9 %

BATS:USMV opened at $91.22 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $80.12 and a 12 month high of $95.12. The firm’s 50 day moving average is $91.63 and its 200 day moving average is $91.58. The stock has a market capitalization of $23.53 billion, a PE ratio of 23.82 and a beta of 0.74.

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.