Avidian Wealth Enterprises LLC Sells 166,312 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Avidian Wealth Enterprises LLC cut its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 95.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,333 shares of the company’s stock after selling 166,312 shares during the period. Avidian Wealth Enterprises LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $651,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Stonebridge Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $28,000. AlphaMark Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $30,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $30,000. Sound Income Strategies LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after buying an additional 143 shares during the period. Finally, Fortitude Family Office LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.8 %

iShares MSCI USA Min Vol Factor ETF stock opened at $92.88 on Thursday. The company’s 50-day moving average price is $90.73 and its two-hundred day moving average price is $90.77. The stock has a market cap of $27.21 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.