iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Hits New 12-Month 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 on Monday . The company traded as high as $41.95 and last traded at $42.35, with a volume of 41812 shares trading hands. The stock had previously closed at $41.39.

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Up 2.3 %

The company has a fifty day moving average of $42.26 and a 200-day moving average of $41.35. The company has a market capitalization of $884.91 million, a price-to-earnings ratio of 17.46 and a beta of 0.63.

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

Several large investors have recently made changes to their positions in SMMV. Moloney Securities Asset Management LLC grew its position in iShares MSCI USA Small-Cap Min Vol Factor ETF by 4.2% in the fourth quarter. Moloney Securities Asset Management LLC now owns 29,645 shares of the company’s stock worth $1,229,000 after acquiring an additional 1,186 shares during the period. Janney Montgomery Scott LLC acquired a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the 4th quarter worth $609,000. JPMorgan Chase & Co. lifted its stake in 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 acquiring an additional 10,585 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter valued at $335,000. Finally, Cable Hill Partners LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 3rd quarter valued at $260,000.

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.