Lido Advisors LLC Decreases Holdings in iShares Trust (BATS:USMV)

Lido Advisors LLC lowered its stake in shares of iShares Trust (BATS:USMV) by 5.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 209,028 shares of the company’s stock after selling 12,980 shares during the quarter. iShares Trust makes up about 1.8% of Lido Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Lido Advisors LLC’s holdings in iShares Trust were worth $11,032,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in USMV. Raymond James & Associates grew its position in shares of iShares Trust by 1,911.2% during the fourth quarter. Raymond James & Associates now owns 10,470,799 shares of the company’s stock worth $552,651,000 after buying an additional 9,950,172 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Trust by 9.4% during the fourth quarter. LPL Financial LLC now owns 5,794,300 shares of the company’s stock worth $305,823,000 after buying an additional 499,425 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of iShares Trust by 4.5% during the fourth quarter. Wells Fargo & Company MN now owns 6,904,812 shares of the company’s stock worth $364,435,000 after buying an additional 298,705 shares in the last quarter. Lee Financial Group Hawaii Inc. acquired a new stake in shares of iShares Trust during the fourth quarter worth approximately $15,740,000. Finally, Elite Wealth Management Inc. acquired a new stake in shares of iShares Trust during the fourth quarter worth approximately $14,857,000.

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USMV stock opened at $51.49 on Friday. iShares Trust has a twelve month low of $47.44 and a twelve month high of $55.45.

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Institutional Ownership by Quarter for iShares Trust (BATS:USMV)

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