Cornerstone Planning LLC Takes Position in iShares MSCI USA Min Vol Factor ETF $USMV

Cornerstone Planning LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 39,812 shares of the company’s stock, valued at approximately $3,765,000.

Other institutional investors have also made changes to their positions in the company. Frankly Finances LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $25,000. Investors Research Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $26,000. Elevated Capital Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $29,000. Chapman Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $29,000. Finally, Abound Wealth Management boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% in the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after purchasing an additional 271 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.24 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.07. The business has a fifty day simple moving average of $95.04 and a 200 day simple moving average of $94.85. The stock has a market cap of $24.05 billion, a PE 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.