iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Hits New 52-Week 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 $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 business’s fifty day moving average is $40.41 and its two-hundred day moving average is $38.49. The firm has a market cap 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

Several hedge funds have recently added to or reduced their stakes in the company. Moloney Securities Asset Management LLC increased its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 41.4% in the 1st quarter. Moloney Securities Asset Management LLC now owns 8,636 shares of the company’s stock valued at $323,000 after acquiring an additional 2,529 shares during the last quarter. Mosaic Family Wealth Partners LLC lifted its position in iShares MSCI USA Small-Cap Min Vol Factor ETF by 6.8% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 18,104 shares of the company’s stock valued at $678,000 after acquiring an additional 1,157 shares in 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 valued at 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.