iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Sees Significant Decrease in Short Interest

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 337 shares, a decrease of 46.2% from the September 30th total of 626 shares. Based on an average daily volume of 11,408 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

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

Shares of SMMV opened at $46.77 on Friday. The company has a 50-day moving average price of $46.10 and a two-hundred day moving average price of $45.44. The stock has a market cap of $355.45 million, a price-to-earnings ratio of 18.24 and a beta of 0.69. iShares MSCI USA Small-Cap Min Vol Factor ETF has a 12 month low of $41.67 and a 12 month high of $47.98.

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

A number of hedge funds have recently modified their holdings of the stock. Community Bank & Trust Waco Texas acquired a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the second quarter worth $601,000. Continuum Advisory LLC bought a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the second quarter valued at $235,000. Oarsman Capital Inc. bought a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the second quarter valued at $112,000. CoreCap Advisors LLC lifted its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 164.2% during the second quarter. CoreCap Advisors LLC now owns 1,371 shares of the company’s stock valued at $63,000 after acquiring an additional 852 shares during the period. Finally, Advisors Preferred LLC acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 1st quarter valued at $157,000.

iShares MSCI USA Small-Cap Min Vol Factor ETF Company 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.