iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) by 320.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 13,889 shares of the company’s stock after acquiring an additional 10,585 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF were worth $567,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in SMMV. Flow Traders U.S. LLC bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the 3rd quarter worth $335,000. Cable Hill Partners LLC bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the 3rd quarter worth $260,000. Finally, Moloney Securities Asset Management LLC grew its stake in iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.1% during the 3rd 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 during the last quarter.

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

Shares of SMMV opened at $42.42 on Tuesday. The company has a market cap of $886.66 million, a P/E ratio of 17.46 and a beta of 0.63. The stock has a fifty day moving average price of $42.53 and a 200 day moving average price of $41.11. iShares MSCI USA Small-Cap Min Vol Factor ETF has a 12 month low of $26.20 and a 12 month high of $31.04.

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.