iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Trading Up 0.6% – Here’s What Happened

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) shares traded up 0.6% during mid-day trading on Monday . The stock traded as high as $41.68 and last traded at $41.60. 15,634 shares traded hands during trading, The stock had previously closed at $41.34.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Down 0.9 %

The business has a fifty day moving average of $42.73 and a 200 day moving average of $40.63. The company has a market cap of $861.71 million, a P/E ratio of 17.46 and a beta of 0.63.

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

Several institutional investors and hedge funds have recently modified their holdings of SMMV. Cable Hill Partners LLC purchased a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter worth $260,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 3rd quarter worth about $335,000. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 320.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock worth $567,000 after acquiring an additional 10,585 shares in the last quarter. Finally, Moloney Securities Asset Management LLC lifted its position in iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.1% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 28,459 shares of the company’s stock valued at $1,161,000 after acquiring 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.