MONECO Advisors LLC Has $9.39 Million Stock Holdings in iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

MONECO Advisors LLC cut its stake in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 0.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 127,525 shares of the company’s stock after selling 158 shares during the quarter. iShares Edge MSCI Min Vol USA ETF makes up approximately 4.3% of MONECO Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. MONECO Advisors LLC’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $9,387,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in USMV. Lee Financial Co bought a new position in iShares Edge MSCI Min Vol USA ETF during the 2nd quarter worth $31,000. Meeder Asset Management Inc. bought a new position in iShares Edge MSCI Min Vol USA ETF during the 2nd quarter worth $40,000. Quantbot Technologies LP acquired a new stake in shares of iShares Edge MSCI Min Vol USA ETF during the 1st quarter worth $41,000. Grandview Asset Management LLC acquired a new position in iShares Edge MSCI Min Vol USA ETF in the first quarter valued at about $47,000. Finally, Valley National Advisers Inc. lifted its position in iShares Edge MSCI Min Vol USA ETF by 29.6% during the first quarter. Valley National Advisers Inc. now owns 745 shares of the company’s stock worth $52,000 after purchasing an additional 170 shares during the period.

USMV stock traded down $0.33 during mid-day trading on Wednesday, hitting $76.32. The stock had a trading volume of 2,315,051 shares. iShares Edge MSCI Min Vol USA ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm has a fifty day simple moving average of $76.54 and a 200 day simple moving average of $73.10.

Further Reading: Green Investing

Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

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