iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Reaches New 1-Year High – Here’s What Happened

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $41.95 and last traded at $42.42, with a volume of 41812 shares changing hands. The stock had previously closed at $41.39.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Up 2.5 %

The company has a market capitalization of $886.66 million, a P/E ratio of 17.46 and a beta of 0.63. The business has a fifty day moving average price of $42.53 and a 200 day moving average price of $41.11.

Institutional Trading of iShares MSCI USA Small-Cap Min Vol Factor ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the fourth quarter valued at about $609,000. JPMorgan Chase & Co. increased its position 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 valued at $567,000 after acquiring an additional 10,585 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter valued at about $335,000. Cable Hill Partners LLC acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter valued at about $260,000. Finally, Moloney Securities Asset Management LLC increased its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.1% in the third 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 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.