Avidian Wealth Solutions LLC Sells 3,851 Shares of 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 the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ARS Wealth Advisors Group LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 4.5% in the fourth quarter. ARS Wealth Advisors Group LLC now owns 511,936 shares of the company’s stock valued at $39,946,000 after purchasing an additional 22,057 shares during the last quarter. Ergawealth Advisors Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% in the fourth quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock worth $2,207,000 after acquiring an additional 696 shares in the last quarter. EWA LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% in the fourth quarter. EWA LLC now owns 115,354 shares of the company’s stock worth $9,269,000 after acquiring an additional 9,725 shares in the last quarter. White Pine Investment CO increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the fourth quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock worth $11,894,000 after acquiring an additional 668 shares in the last quarter. Finally, Investment Advisory Group LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% in the fourth quarter. Investment Advisory Group LLC now owns 70,236 shares of the company’s stock worth $5,481,000 after acquiring an additional 1,263 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded up $0.47 during trading hours on Friday, hitting $81.11. The company’s stock had a trading volume of 2,356,724 shares. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The stock has a 50 day moving average of $81.78 and a 200 day moving average of $78.75. The company has a market capitalization of $23.77 billion, a PE ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

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.