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

Lido Advisors LLC decreased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 249,200 shares of the company’s stock after selling 25,147 shares during the quarter. Lido Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $23,111,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in USMV. Frankly Finances LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $25,000. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $29,000. Chapman Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $29,000. Abound Wealth Management grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% in the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after acquiring an additional 271 shares during the last quarter. Finally, Ankerstar Wealth LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $31,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3%

Shares of USMV stock opened at $96.25 on Thursday. The firm has a market capitalization of $24.56 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.73. The firm’s fifty day simple moving average is $96.23 and its 200 day simple moving average is $95.21.

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.