iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Sets New 12-Month High at $40.45

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) shares hit a new 52-week high on Monday . The stock traded as high as $40.45 and last traded at $40.11, with a volume of 68988 shares trading hands. The stock had previously closed at $40.14.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Down 0.0 %

The company has a market capitalization of $838.72 million, a price-to-earnings ratio of 17.46 and a beta of 0.63. The company’s 50 day simple moving average is $38.37 and its two-hundred day simple moving average is $37.29.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 611.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,331 shares of the company’s stock worth $48,000 after buying an additional 1,144 shares during the last quarter. Mosaic Family Wealth Partners LLC raised its holdings 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 buying an additional 1,157 shares during the last quarter. Moloney Securities Asset Management LLC raised its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 41.4% in the first quarter. Moloney Securities Asset Management LLC now owns 8,636 shares of the company’s stock worth $323,000 after buying an additional 2,529 shares during the last quarter. Finally, First Bank & Trust purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the first quarter worth $242,000.

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.