iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Hits New 1-Year High – Should You Buy?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) reached a new 52-week high during trading on Monday . The stock traded as high as $41.21 and last traded at $41.14, with a volume of 34493 shares changing hands. The stock had previously closed at $40.84.

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

The business’s 50-day simple moving average is $40.54 and its two-hundred day simple moving average is $38.63. The stock has a market capitalization of $862.65 million, a price-to-earnings ratio of 17.46 and a beta of 0.63.

Institutional Trading of iShares MSCI USA Small-Cap Min Vol Factor ETF

An institutional investor recently raised its position in iShares MSCI USA Small-Cap Min Vol Factor ETF stock. Moloney Securities Asset Management LLC boosted its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) by 41.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,636 shares of the company’s stock after purchasing an additional 2,529 shares during the period. Moloney Securities Asset Management LLC’s holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF were worth $323,000 at the end of the most recent reporting 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.