iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Reaches New 52-Week High – What’s Next?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $41.95 and last traded at $42.63, 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 Price Performance

The firm has a market capitalization of $890.86 million, a price-to-earnings ratio of 17.46 and a beta of 0.63. The business’s 50 day moving average price is $42.60 and its 200-day moving average price is $40.97.

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

Several hedge funds have recently modified their holdings of the business. Cable Hill Partners LLC purchased a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter worth $260,000. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 3rd quarter worth $335,000. JPMorgan Chase & Co. increased its holdings 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 valued at $567,000 after purchasing an additional 10,585 shares in the last quarter. 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. Finally, Moloney Securities Asset Management LLC boosted its holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.1% during the third quarter. Moloney Securities Asset Management LLC now owns 28,459 shares of the company’s stock worth $1,161,000 after buying an additional 2,847 shares in the last quarter.

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.