iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Shares Down 0.2% – Here’s Why

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) traded down 0.2% on Tuesday . The stock traded as low as $45.38 and last traded at $45.38. Approximately 10,495 shares traded hands during trading, a decline of 18% from the average session volume of 12,804 shares. The stock had previously closed at $45.48.

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Down 0.2%

The stock has a market capitalization of $344.89 million, a PE ratio of 18.24 and a beta of 0.69. The stock has a 50 day moving average price of $47.00 and a 200-day moving average price of $45.53.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Community Bank & Trust Waco Texas purchased a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 2nd quarter valued at about $601,000. Continuum Advisory LLC bought a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 2nd quarter worth approximately $235,000. Advisors Preferred LLC purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the first quarter worth approximately $157,000. Oarsman Capital Inc. purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the second quarter worth approximately $112,000. Finally, CoreCap Advisors LLC boosted its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 164.2% in the second quarter. CoreCap Advisors LLC now owns 1,371 shares of the company’s stock worth $63,000 after buying an additional 852 shares during the last quarter.

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.