Providence Capital Advisors LLC Cuts Stock Position in iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

Providence Capital Advisors LLC trimmed its holdings in shares of iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 32.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,459 shares of the company’s stock after selling 1,198 shares during the quarter. Providence Capital Advisors LLC’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $152,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in USMV. Raymond James & Associates lifted its position in shares of iShares Edge MSCI Min Vol USA ETF by 47.8% in the first quarter. Raymond James & Associates now owns 20,470,188 shares of the company’s stock valued at $1,203,648,000 after acquiring an additional 6,620,254 shares in the last quarter. BlackRock Inc. increased its position in shares of iShares Edge MSCI Min Vol USA ETF by 35.7% during the first quarter. BlackRock Inc. now owns 10,114,513 shares of the company’s stock worth $594,733,000 after purchasing an additional 2,662,981 shares in the last quarter. Wells Fargo & Company MN raised its stake in iShares Edge MSCI Min Vol USA ETF by 17.5% in the 2nd quarter. Wells Fargo & Company MN now owns 12,640,829 shares of the company’s stock valued at $780,319,000 after purchasing an additional 1,878,353 shares during the last quarter. Brookstone Capital Management raised its stake in iShares Edge MSCI Min Vol USA ETF by 51.3% in the 2nd quarter. Brookstone Capital Management now owns 3,355,266 shares of the company’s stock valued at $207,121,000 after purchasing an additional 1,138,313 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in iShares Edge MSCI Min Vol USA ETF by 22.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 5,543,748 shares of the company’s stock valued at $325,974,000 after purchasing an additional 1,018,847 shares during the last quarter.

USMV stock traded up $0.21 during midday trading on Wednesday, reaching $63.84. The stock had a trading volume of 6,003,266 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 company’s fifty day simple moving average is $63.24 and its 200 day simple moving average is $60.76.

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

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