iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Reaches New 52-Week High – Time to Buy?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $44.47 and last traded at $44.23, with a volume of 12235 shares trading hands. The stock had previously closed at $44.35.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Up 0.3 %

The firm’s 50 day simple moving average is $42.10 and its 200 day simple moving average is $39.80. The company has a market cap of $922.94 million, a price-to-earnings ratio of 17.46 and a beta of 0.63.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cable Hill Partners LLC acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 3rd quarter valued at about $260,000. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 3rd quarter valued at about $335,000. Finally, Moloney Securities Asset Management LLC boosted its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 196.6% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 25,612 shares of the company’s stock valued at $955,000 after acquiring an additional 16,976 shares in the last quarter.

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.