iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Sets New 12-Month High – What’s Next?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s share price hit a new 52-week high on Monday . The company traded as high as $42.71 and last traded at $42.62, with a volume of 24768 shares. The stock had previously closed at $42.50.

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

The firm has a market cap of $897.66 million, a PE ratio of 17.46 and a beta of 0.63. The stock has a 50-day moving average price of $41.30 and a 200 day moving average price of $39.31.

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

Several hedge funds have recently modified their holdings of SMMV. Mosaic Family Wealth Partners LLC increased its position 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 purchasing an additional 1,157 shares during the last quarter. Moloney Securities Asset Management LLC increased its holdings in shares of 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. Cable Hill Partners LLC purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 3rd quarter worth $260,000. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter valued at $335,000.

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.