Fifth Third Wealth Advisors LLC Acquires 244 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Fifth Third Wealth Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,244 shares of the company’s stock after purchasing an additional 244 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $586,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of USMV. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 102.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,624,202 shares of the company’s stock valued at $620,423,000 after purchasing an additional 3,352,591 shares during the period. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $130,668,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 17.3% during the 1st quarter. JPMorgan Chase & Co. now owns 3,846,029 shares of the company’s stock worth $360,219,000 after acquiring an additional 568,565 shares during the period. Truist Financial Corp lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 147.7% during the 2nd quarter. Truist Financial Corp now owns 731,634 shares of the company’s stock worth $68,678,000 after acquiring an additional 436,281 shares during the period. Finally, Russell Investments Group Ltd. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 400.2% during the 1st quarter. Russell Investments Group Ltd. now owns 538,501 shares of the company’s stock worth $50,436,000 after acquiring an additional 430,843 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 6.1%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.01 on Monday. The company has a 50 day moving average of $94.00 and a 200-day moving average of $92.87. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $95.12. The company has a market cap of $23.99 billion, a PE ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.