iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Hits New 12-Month High – Here’s Why

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $41.64 and last traded at $41.34, with a volume of 19513 shares changing hands. The stock had previously closed at $41.72.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Down 0.1 %

The company has a 50 day moving average of $40.41 and a 200 day moving average of $38.49. The stock has a market capitalization of $858.36 million, a price-to-earnings ratio of 17.46 and a beta of 0.63.

Hedge Funds Weigh In On iShares MSCI USA Small-Cap Min Vol Factor ETF

Large investors have recently bought and sold shares of the stock. Moloney Securities Asset Management LLC grew its holdings in 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 worth $955,000 after acquiring an additional 16,976 shares during the last quarter. Mosaic Family Wealth Partners LLC grew its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 6.8% in the first quarter. Mosaic Family Wealth Partners LLC now owns 18,104 shares of the company’s stock worth $678,000 after purchasing an additional 1,157 shares during the last quarter. Finally, First Bank & Trust bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the first quarter worth about $242,000.

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.