Burns Matteson Capital Management LLC Has $1.41 Million Position in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)

Burns Matteson Capital Management LLC cut its holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) by 8.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 34,544 shares of the company’s stock after selling 3,234 shares during the quarter. Burns Matteson Capital Management LLC owned approximately 0.17% of iShares MSCI USA Small-Cap Min Vol Factor ETF worth $1,409,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in SMMV. Moloney Securities Asset Management LLC raised its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 196.6% in the second quarter. Moloney Securities Asset Management LLC now owns 25,612 shares of the company’s stock worth $955,000 after acquiring an additional 16,976 shares during the last quarter. Mosaic Family Wealth Partners LLC lifted its holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF by 6.8% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 18,104 shares of the company’s stock worth $678,000 after buying an additional 1,157 shares in the last quarter. Finally, First Bank & Trust acquired a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the 1st quarter worth $242,000.

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

Shares of BATS SMMV traded up $0.53 during midday trading on Friday, hitting $40.97. The stock had a trading volume of 73,736 shares. iShares MSCI USA Small-Cap Min Vol Factor ETF has a fifty-two week low of $26.20 and a fifty-two week high of $31.04. The firm has a market cap of $856.27 million, a P/E ratio of 17.46 and a beta of 0.63. The company’s 50-day simple moving average is $39.96 and its 200 day simple moving average is $38.23.

iShares MSCI USA Small-Cap Min Vol Factor ETF 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.