iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Reaches New 1-Year High – What’s Next?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $41.95 and last traded at $42.35, with a volume of 41812 shares. The stock had previously closed at $41.39.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Performance

The company has a market capitalization of $884.17 million, a P/E ratio of 17.46 and a beta of 0.63. The firm’s fifty day moving average is $42.22 and its 200 day moving average is $41.38.

Hedge Funds Weigh In On iShares MSCI USA Small-Cap Min Vol Factor ETF

Large investors have recently bought and sold shares of the business. Moloney Securities Asset Management LLC boosted its position in iShares MSCI USA Small-Cap Min Vol Factor ETF by 4.2% in the 4th quarter. Moloney Securities Asset Management LLC now owns 29,645 shares of the company’s stock valued at $1,229,000 after buying an additional 1,186 shares during the period. Cable Hill Partners LLC purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the third quarter worth approximately $260,000. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the third quarter valued at approximately $335,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 320.4% in the third quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock valued at $567,000 after purchasing an additional 10,585 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the fourth quarter worth approximately $609,000.

About iShares MSCI USA Small-Cap Min Vol Factor ETF

The iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US-listed small capitalization stocks selected and weighted to create a low volatility portfolio, subject to constraints. SMMV was launched on Sep 7, 2016 and is managed by BlackRock.