Janney Montgomery Scott LLC Lowers Stock Position in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)

Janney Montgomery Scott LLC decreased its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) by 22.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,457 shares of the company’s stock after selling 3,234 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF were worth $475,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, JPMorgan Chase & Co. lifted its holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF by 509.8% in the 4th quarter. JPMorgan Chase & Co. now owns 84,699 shares of the company’s stock worth $3,512,000 after buying an additional 70,810 shares in the last quarter.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Performance

Shares of SMMV stock opened at $42.50 on Friday. The stock has a market capitalization of $318.75 million, a price-to-earnings ratio of 18.09 and a beta of 0.70. iShares MSCI USA Small-Cap Min Vol Factor ETF has a one year low of $36.90 and a one year high of $44.56. The company’s 50-day simple moving average is $41.80 and its 200-day simple moving average is $41.53.

About iShares MSCI USA Small-Cap Min Vol Factor ETF

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.