iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Trading 0.4% Higher – Should You Buy?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s share price were up 0.4% on Monday . The company traded as high as $41.95 and last traded at $41.56. Approximately 41,812 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 108,291 shares. The stock had previously closed at $41.39.

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

The company has a 50 day moving average of $41.83 and a two-hundred day moving average of $41.82. The stock has a market capitalization of $286.76 million, a PE ratio of 18.06 and a beta of 0.82.

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

A number of large investors have recently modified their holdings of SMMV. Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 3rd quarter valued at approximately $335,000. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 320.4% in the third quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock worth $567,000 after buying an additional 10,585 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the fourth quarter worth $609,000. Finally, Moloney Securities Asset Management LLC lifted its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 4.2% during the fourth quarter. Moloney Securities Asset Management LLC now owns 29,645 shares of the company’s stock worth $1,229,000 after buying an additional 1,186 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.