iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Hits New 12-Month High at $36.26

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) shares reached a new 52-week high on Monday . The company traded as high as $36.26 and last traded at $35.64, with a volume of 57810 shares trading hands. The stock had previously closed at $35.87.

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Down 0.1 %

The stock’s 50-day moving average price is $36.48 and its two-hundred day moving average price is $35.10. The stock has a market capitalization of $747.60 million, a P/E ratio of 16.61 and a beta of 0.65.

Hedge Funds Weigh In On iShares MSCI USA Small-Cap Min Vol Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its holdings 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 valued at $48,000 after purchasing an additional 1,144 shares during the last quarter. Wetzel Investment Advisors Inc. bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the fourth quarter valued at approximately $143,000. ORG Partners LLC lifted its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 69.0% during the 4th quarter. ORG Partners LLC now owns 823 shares of the company’s stock valued at $29,000 after buying an additional 336 shares in the last quarter. Confluence Wealth Services Inc. bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the 4th quarter worth approximately $268,000. Finally, Prime Capital Investment Advisors LLC bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the 4th quarter worth approximately $552,000.

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.