2,311 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Purchased by Scott & Selber Inc.

Scott & Selber Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,311 shares of the company’s stock, valued at approximately $211,000.

Other large investors have also bought and sold shares of the company. Verdence Capital Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.5% in the 3rd quarter. Verdence Capital Advisors LLC now owns 16,082 shares of the company’s stock valued at $1,468,000 after purchasing an additional 842 shares during the period. Executive Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 21.8% in the third quarter. Executive Wealth Management LLC now owns 314,228 shares of the company’s stock worth $28,692,000 after purchasing an additional 56,184 shares in the last quarter. Holistic Planning LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 151.3% during the third quarter. Holistic Planning LLC now owns 9,832 shares of the company’s stock valued at $898,000 after buying an additional 5,920 shares during the period. SpiderRock Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $629,000. Finally, Leavell Investment Management Inc. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 22.4% during the 3rd quarter. Leavell Investment Management Inc. now owns 3,364 shares of the company’s stock valued at $307,000 after buying an additional 615 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.47 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 cap of $27.39 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50-day moving average of $91.26 and a 200 day moving average of $86.99.

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.