iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Reaches New 12-Month High – Should You Buy?

Shares of iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) hit a new 52-week high during trading on Monday . The company traded as high as $41.95 and last traded at $41.72, with a volume of 41812 shares. The stock had previously closed at $41.39.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Up 2.1 %

The stock has a market capitalization of $882.98 million, a PE ratio of 17.46 and a beta of 0.63. The firm’s fifty day moving average price is $42.41 and its two-hundred day moving average price is $41.27.

Institutional Investors Weigh In On iShares MSCI USA Small-Cap Min Vol Factor ETF

A number of hedge funds have recently added to or reduced their stakes in SMMV. Cable Hill Partners LLC bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter worth $260,000. Flow Traders U.S. LLC purchased a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter worth about $335,000. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 320.4% during the 3rd 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. Janney Montgomery Scott LLC purchased a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 4th quarter valued at about $609,000. Finally, Moloney Securities Asset Management LLC lifted its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.1% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 28,459 shares of the company’s stock worth $1,161,000 after purchasing an additional 2,847 shares during the period.

iShares MSCI USA Small-Cap Min Vol Factor ETF Company Profile

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.