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Vertiv Holdings Co. $VRT Stake Boosted by Fifth Third Bancorp
Fifth Third Bancorp significantly increased its stake in Vertiv Holdings Co. (NYSE:VRT) by 528.8% in the fourth quarter, now owning 6,716 shares valued at $1,088,000. Other institutional investors like Empowered Funds LLC, Sivia Capital Partners LLC, Cary Street Partners Financial LLC, and Bank of Nova Scotia also adjusted their positions in Vertiv. The article highlights positive sentiment around Vertiv due to strong orders, backlog growth, its role in the AI data-center boom, and recent analyst upgrades, despite some insider selling activities.