Lido Advisors LLC Has $26.10 Million Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Lido Advisors LLC lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 274,347 shares of the company’s stock after acquiring an additional 6,378 shares during the period. Lido Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $26,095,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Sarver Vrooman Wealth Advisors grew its position in iShares MSCI USA Min Vol Factor ETF by 18.2% in the fourth quarter. Sarver Vrooman Wealth Advisors now owns 38,989 shares of the company’s stock valued at $3,671,000 after acquiring an additional 6,009 shares during the period. ShoreHaven Wealth Partners LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 5.9% in the fourth quarter. ShoreHaven Wealth Partners LLC now owns 13,544 shares of the company’s stock valued at $1,275,000 after acquiring an additional 760 shares during the period. WCG Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $1,264,000. Marble Wealth LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $284,000. Finally, Bank of New York Mellon Corp grew its position in iShares MSCI USA Min Vol Factor ETF by 3.2% in the fourth quarter. Bank of New York Mellon Corp now owns 536,968 shares of the company’s stock valued at $50,561,000 after acquiring an additional 16,787 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $96.66 on Friday. The business’s fifty day moving average price is $94.48 and its two-hundred day moving average price is $94.75. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07. The stock has a market capitalization of $24.67 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.