Cornerstone Wealth Group LLC Makes New Investment in iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

Cornerstone Wealth Group LLC acquired a new position in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,809 shares of the company’s stock, valued at approximately $1,772,000.

A number of other large investors have also added to or reduced their stakes in USMV. Total Clarity Wealth Management Inc. purchased a new position in shares of iShares Edge MSCI Min Vol USA ETF in the fourth quarter valued at $34,000. CXI Advisors purchased a new position in shares of iShares Edge MSCI Min Vol USA ETF in the fourth quarter valued at $34,000. Lion Street Advisors LLC purchased a new position in shares of iShares Edge MSCI Min Vol USA ETF in the first quarter valued at $31,000. Cribstone Capital Management LLC purchased a new position in shares of iShares Edge MSCI Min Vol USA ETF in the first quarter valued at $33,000. Finally, Pacifica Partners Inc. purchased a new position in shares of iShares Edge MSCI Min Vol USA ETF in the fourth quarter valued at $43,000.

Shares of USMV stock traded down $0.14 during mid-day trading on Friday, reaching $59.05. The stock had a trading volume of 1,182,931 shares. iShares Edge MSCI Min Vol USA ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The business has a 50-day simple moving average of $57.87 and a 200 day simple moving average of $62.57.

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Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

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