iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Sets New 12-Month High at $40.45

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) shares reached a new 52-week high on Monday . The stock traded as high as $40.45 and last traded at $40.11, with a volume of 68988 shares. The stock had previously closed at $40.14.

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

The company’s 50-day moving average is $38.37 and its two-hundred day moving average is $37.29. The firm has a market cap of $838.72 million, a P/E ratio of 17.46 and a beta of 0.63.

Institutional Investors Weigh In On iShares MSCI USA Small-Cap Min Vol Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Moloney Securities Asset Management LLC raised its stake in iShares MSCI USA Small-Cap Min Vol Factor ETF by 196.6% during the second quarter. Moloney Securities Asset Management LLC now owns 25,612 shares of the company’s stock worth $955,000 after acquiring an additional 16,976 shares in the last quarter. Mosaic Family Wealth Partners LLC raised its stake in iShares MSCI USA Small-Cap Min Vol Factor ETF by 6.8% during the first quarter. Mosaic Family Wealth Partners LLC now owns 18,104 shares of the company’s stock worth $678,000 after acquiring an additional 1,157 shares in the last quarter. First Bank & Trust acquired a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the first quarter worth about $242,000. Finally, EverSource Wealth Advisors LLC raised its stake in iShares MSCI USA Small-Cap Min Vol Factor ETF by 611.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,331 shares of the company’s stock worth $48,000 after acquiring an additional 1,144 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.