Fifth Third Bancorp Has $766,000 Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Fifth Third Bancorp raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,625 shares of the company’s stock after acquiring an additional 223 shares during the quarter. Fifth Third Bancorp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $766,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. SpiderRock Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $629,000. EdgeRock Capital LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after purchasing an additional 3,371 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% in the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock valued at $57,937,000 after purchasing an additional 43,846 shares during the period. Bell Investment Advisors Inc lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 42.2% during the 3rd quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock worth $3,516,000 after buying an additional 11,432 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 149.9% during the 3rd quarter. Quantinno Capital Management LP now owns 6,366 shares of the company’s stock worth $581,000 after buying an additional 3,819 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.2 %

iShares MSCI USA Min Vol Factor ETF stock opened at $91.52 on Thursday. The company’s 50-day moving average price is $90.98 and its two-hundred day moving average price is $90.30. The stock has a market cap of $26.81 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

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.