Wetzel Investment Advisors Inc. Makes New Investment in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)

Wetzel Investment Advisors Inc. purchased a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,018 shares of the company’s stock, valued at approximately $143,000.

Several other hedge funds have also bought and sold shares of SMMV. ORG Partners LLC increased its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 69.0% in the 4th quarter. ORG Partners LLC now owns 823 shares of the company’s stock worth $29,000 after buying an additional 336 shares during the last quarter. Confluence Wealth Services Inc. bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 4th quarter worth about $268,000. Prime Capital Investment Advisors LLC bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 4th quarter worth about $552,000. Summit Global Investments increased its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 8.9% in the 3rd quarter. Summit Global Investments now owns 375,038 shares of the company’s stock worth $12,395,000 after buying an additional 30,686 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 1st quarter worth about $364,000.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Up 1.1 %

BATS:SMMV traded up $0.40 during mid-day trading on Friday, hitting $35.86. 94,502 shares of the stock traded hands. The stock has a market capitalization of $753.06 million, a price-to-earnings ratio of 16.61 and a beta of 0.65. iShares MSCI USA Small-Cap Min Vol Factor ETF has a 52 week low of $26.20 and a 52 week high of $31.04. The firm’s 50 day moving average is $36.48 and its two-hundred day moving average is $35.13.

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.