iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Sets New 52-Week High – Here’s Why

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s stock price reached a new 52-week high on Monday . The stock traded as high as $40.98 and last traded at $41.19, with a volume of 26366 shares traded. The stock had previously closed at $40.97.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Up 0.9 %

The company’s 50 day moving average price is $40.08 and its 200 day moving average price is $38.30. The firm has a market capitalization of $871.74 million, a price-to-earnings ratio of 17.46 and a beta of 0.63.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SMMV. Moloney Securities Asset Management LLC grew its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 196.6% in the second 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 in the last quarter. First Bank & Trust purchased a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 1st quarter valued at approximately $242,000. Finally, Mosaic Family Wealth Partners LLC grew its position in 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 acquiring an additional 1,157 shares during the period.

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.