iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Reaches New 12-Month High at $36.60

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) reached a new 52-week high on Monday . The stock traded as high as $36.60 and last traded at $36.48, with a volume of 41271 shares trading hands. The stock had previously closed at $36.29.

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

The company’s 50 day moving average is $36.51 and its two-hundred day moving average is $35.27. The firm has a market cap of $764.26 million, a P/E ratio of 16.80 and a beta of 0.64.

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

Several hedge funds have recently made changes to their positions in the stock. Prime Capital Investment Advisors LLC bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the fourth quarter worth about $552,000. Confluence Wealth Services Inc. bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the fourth quarter worth about $268,000. First Bank & Trust bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the first quarter worth about $242,000. Wetzel Investment Advisors Inc. bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the fourth quarter worth about $143,000. Finally, EverSource Wealth Advisors LLC lifted its stake in iShares MSCI USA Small-Cap Min Vol Factor ETF by 611.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,331 shares of the company’s stock worth $48,000 after purchasing an additional 1,144 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.