Lido Advisors LLC Sells 25,147 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Lido Advisors LLC trimmed its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 249,200 shares of the company’s stock after selling 25,147 shares during the quarter. Lido Advisors LLC owned about 0.10% of iShares MSCI USA Min Vol Factor ETF worth $23,111,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of USMV. Brighton Jones LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% in the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock valued at $1,002,000 after acquiring an additional 1,291 shares in the last quarter. Jane Street Group LLC boosted 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 worth $3,323,000 after purchasing an additional 27,868 shares during the period. Hsbc Holdings PLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $399,000. First Trust Advisors LP grew its holdings 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 grew its holdings 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 Down 0.3%

BATS:USMV opened at $96.25 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.73. The firm has a market cap of $24.56 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company’s 50 day moving average is $96.23 and its 200-day moving average is $95.21.

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.