Fifth Third Bancorp Boosts Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Fifth Third Bancorp raised its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1,799.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 164,703 shares of the company’s stock after acquiring an additional 156,034 shares during the quarter. Fifth Third Bancorp owned approximately 0.06% of iShares MSCI USA Min Vol Factor ETF worth $15,275,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in USMV. Morgan Stanley increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% during the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock worth $1,434,701,000 after purchasing an additional 465,870 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 4th quarter. Raymond James Financial Inc. now owns 13,773,118 shares of the company’s stock valued at $1,296,877,000 after purchasing an additional 251,970 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,977,742 shares of the company’s stock valued at $659,752,000 after purchasing an additional 145,843 shares in the last quarter. Catalyst Capital Advisors LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 13.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after purchasing an additional 489,637 shares during the last quarter. Finally, UBS Group AG boosted its stake in iShares MSCI USA Min Vol Factor ETF by 2.3% during the 3rd quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock worth $337,364,000 after purchasing an additional 80,056 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.0%

iShares MSCI USA Min Vol Factor ETF stock opened at $96.88 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.73. The firm has a market capitalization of $24.72 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company has a fifty day simple moving average of $95.95 and a 200-day simple moving average of $95.13.

iShares MSCI USA Min Vol Factor ETF Profile

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.