Lido Advisors LLC Lowers Position in iShares MSCI USA Size Factor ETF $SIZE

Lido Advisors LLC lessened its holdings in shares of iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) by 5.7% in the first quarter, HoldingsChannel.com reports. The fund owned 103,690 shares of the company’s stock after selling 6,224 shares during the period. Lido Advisors LLC’s holdings in iShares MSCI USA Size Factor ETF were worth $16,535,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Flagship Harbor Advisors LLC purchased a new stake in iShares MSCI USA Size Factor ETF in the fourth quarter valued at approximately $30,000. Signature Resources Capital Management LLC lifted its position in iShares MSCI USA Size Factor ETF by 415.0% during the fourth quarter. Signature Resources Capital Management LLC now owns 206 shares of the company’s stock valued at $33,000 after purchasing an additional 166 shares during the last quarter. Raymond James Financial Inc. purchased a new position in iShares MSCI USA Size Factor ETF in the 2nd quarter worth approximately $151,000. Bank of Montreal Can purchased a new position in iShares MSCI USA Size Factor ETF in the 4th quarter worth approximately $160,000. Finally, Cetera Investment Advisers purchased a new position in iShares MSCI USA Size Factor ETF in the 1st quarter worth approximately $209,000.

iShares MSCI USA Size Factor ETF Price Performance

Shares of NYSEARCA:SIZE opened at $176.67 on Friday. The company’s fifty day moving average price is $176.10 and its 200-day moving average price is $169.53. The firm has a market capitalization of $424.01 million, a price-to-earnings ratio of 21.17 and a beta of 0.96. iShares MSCI USA Size Factor ETF has a one year low of $153.76 and a one year high of $180.71.

iShares MSCI USA Size Factor ETF Profile

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.