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)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $41.95 and last traded at $41.58, with a volume of 41812 shares trading hands. The stock had previously closed at $41.39.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Up 1.0 %

The stock has a market capitalization of $294.82 million, a price-to-earnings ratio of 18.62 and a beta of 0.83. The stock’s 50-day simple moving average is $41.92 and its 200 day simple moving average is $41.62.

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

A number of institutional investors have recently added to or reduced their stakes in the company. Moloney Securities Asset Management LLC boosted its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 4.2% in the 4th quarter. Moloney Securities Asset Management LLC now owns 29,645 shares of the company’s stock worth $1,229,000 after buying an additional 1,186 shares during the last quarter. Cable Hill Partners LLC bought a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF during the third quarter worth $260,000. Flow Traders U.S. LLC purchased a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter worth $335,000. JPMorgan Chase & Co. boosted its position in iShares MSCI USA Small-Cap Min Vol Factor ETF by 320.4% in the third quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock worth $567,000 after purchasing an additional 10,585 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the 4th quarter valued at $609,000.

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.