Citizens Financial Group Inc. RI Has $22.82 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Citizens Financial Group Inc. RI cut its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 292,485 shares of the company’s stock after selling 9,273 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.8% of Citizens Financial Group Inc. RI’s investment portfolio, making the stock its 27th biggest holding. Citizens Financial Group Inc. RI owned about 0.08% of iShares MSCI USA Min Vol Factor ETF worth $22,823,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. FMR LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the 3rd quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after buying an additional 9,059,409 shares in the last quarter. Catalyst Capital Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $259,275,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $246,963,000. International Assets Investment Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $216,845,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 54.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock worth $383,689,000 after purchasing an additional 1,867,739 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4 %

iShares MSCI USA Min Vol Factor ETF stock opened at $80.93 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market capitalization of $23.66 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. The firm has a 50 day simple moving average of $81.80 and a 200 day simple moving average of $78.45.

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.