Moloney Securities Asset Management LLC Acquires 1,186 Shares of iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)

Moloney Securities Asset Management LLC boosted its holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) by 4.2% in the fourth quarter, Holdings Channel reports. The firm owned 29,645 shares of the company’s stock after purchasing an additional 1,186 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF were worth $1,229,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 320.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock valued at $567,000 after buying an additional 10,585 shares during the last quarter. Cable Hill Partners LLC acquired a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the third quarter worth $260,000. Flow Traders U.S. LLC bought a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF during the third quarter worth $335,000. Finally, Janney Montgomery Scott LLC acquired a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF in the fourth quarter valued at $609,000.

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

Shares of SMMV opened at $42.31 on Monday. The firm has a 50-day moving average of $42.26 and a 200-day moving average of $41.35. The company has a market cap of $884.26 million, a PE ratio of 17.46 and a beta of 0.63. iShares MSCI USA Small-Cap Min Vol Factor ETF has a one year low of $26.20 and a one year high of $31.04.

iShares MSCI USA Small-Cap Min Vol Factor ETF 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.