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

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

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Up 2.2 %

The firm has a 50 day moving average of $42.22 and a two-hundred day moving average of $41.38. The company has a market cap of $884.17 million, a PE ratio of 17.46 and a beta of 0.63.

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

Institutional investors have recently modified their holdings of the business. Cable Hill Partners LLC purchased a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter worth about $260,000. Flow Traders U.S. LLC bought a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 3rd quarter worth 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 worth $567,000 after buying an additional 10,585 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the fourth quarter worth approximately $609,000. Finally, Moloney Securities Asset Management LLC grew its position in iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.1% during the third quarter. Moloney Securities Asset Management LLC now owns 28,459 shares of the company’s stock valued at $1,161,000 after buying 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.