Avidian Wealth Solutions LLC Decreases Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Avidian Wealth Solutions LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 20.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 14,999 shares of the company’s stock after selling 3,851 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,170,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 120.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,743,289 shares of the company’s stock worth $126,179,000 after acquiring an additional 951,050 shares during the period. Concord Wealth Partners raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 25.1% in the 3rd quarter. Concord Wealth Partners now owns 5,784 shares of the company’s stock valued at $419,000 after purchasing an additional 1,162 shares in the last quarter. Verdence Capital Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 29.7% in the 3rd quarter. Verdence Capital Advisors LLC now owns 17,637 shares of the company’s stock valued at $1,277,000 after purchasing an additional 4,038 shares in the last quarter. BluePath Capital Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $58,000. Finally, Stephens Consulting LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 21.7% in the 3rd quarter. Stephens Consulting LLC now owns 1,998 shares of the company’s stock valued at $145,000 after purchasing an additional 356 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

Shares of USMV traded up $0.47 during trading on Friday, reaching $81.11. The company’s stock had a trading volume of 2,356,724 shares. The company has a market cap of $23.77 billion, a price-to-earnings 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. The company has a fifty day moving average of $81.78 and a two-hundred day moving average of $78.75.

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.