iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Sets New 52-Week High at $40.65

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) reached a new 52-week high on Monday . The company traded as high as $40.65 and last traded at $40.57, with a volume of 42350 shares trading hands. The stock had previously closed at $40.33.

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

The firm has a market cap of $845.82 million, a P/E ratio of 17.46 and a beta of 0.63. The stock’s 50 day moving average is $39.46 and its two-hundred day moving average is $37.78.

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

Large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 611.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,331 shares of the company’s stock worth $48,000 after purchasing an additional 1,144 shares in the last quarter. First Bank & Trust acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 1st quarter worth approximately $242,000. Moloney Securities Asset Management LLC grew its position in iShares MSCI USA Small-Cap Min Vol Factor ETF by 41.4% during the 1st quarter. Moloney Securities Asset Management LLC now owns 8,636 shares of the company’s stock worth $323,000 after acquiring an additional 2,529 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC increased its holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF by 6.8% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 18,104 shares of the company’s stock valued at $678,000 after purchasing an additional 1,157 shares in the last quarter.

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.