iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Reaches New 1-Year High – Still a Buy?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) shares hit a new 52-week high during trading on Monday . The company traded as high as $43.82 and last traded at $43.41, with a volume of 19992 shares trading hands. The stock had previously closed at $43.77.

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Down 0.8 %

The company has a market capitalization of $907.27 million, a price-to-earnings ratio of 17.46 and a beta of 0.63. The company has a 50 day moving average price of $42.23 and a 200 day moving average price of $39.91.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Cable Hill Partners LLC acquired a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter valued at approximately $260,000. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 3rd quarter valued at $335,000. Finally, Moloney Securities Asset Management LLC lifted its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 196.6% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 25,612 shares of the company’s stock valued at $955,000 after purchasing an additional 16,976 shares during the period.

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.