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

Fifth Third Bancorp boosted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1,799.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 164,703 shares of the company’s stock after purchasing an additional 156,034 shares during the period. Fifth Third Bancorp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $15,275,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WealthPLAN Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 2.6% during the fourth quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock worth $392,000 after purchasing an additional 105 shares in the last quarter. Millstone Evans Group LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% in the 4th quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock valued at $168,000 after buying an additional 106 shares during the period. Delta Wealth Advisors LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the 1st quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock valued at $3,403,000 after buying an additional 108 shares during the period. KW Wealth Management LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 4th quarter. KW Wealth Management LLC now owns 13,553 shares of the company’s stock worth $1,276,000 after acquiring an additional 109 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock worth $3,402,000 after acquiring an additional 118 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $96.88 on Wednesday. The business has a 50-day moving average of $95.95 and a 200 day moving average of $95.13. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.73. The stock has a market capitalization of $24.72 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

About iShares MSCI USA Min Vol Factor ETF

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.